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Strategy and Implementation Summary
What is your universal line of attack to make your business a success and how will you go about this?
Flags and Banners Company Marketing Strategy
What are the genuine ways you are going to draw on in order to promote your Flags and Banners Company business to your present and impending customers. You can furthermore add the expenses involved in doing this and strategies involved in reducing your marketing expenses and how your marketing strategy can target your patrons better. For example if you are using Pay Per Click as a procedure to go for Flags and Banners Company patrons you could use long tail keyword search phrases considerably than succinct generic words. This ought to drive down your PPC expenses as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Flags and Banners Company Pricing Strategy
How have you arrived at your prices for your products and services? Are you going to use cost-plus pricing, limit pricing, loss leaders, market-oriented pricing, penetration pricing, price discrimination, premium pricing, predatory pricing, contribution margin-based pricing, psychological pricing, dynamic pricing, target pricing, absorption pricing, high-low pricing, marginal-cost pricing, odd pricing, freemium or pay what you want pricing?
Check out this article on pricing up your products
Promotion Strategy
What promotion strategies are you going to implement to get the word out regarding your services and products to your potential clients - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage above your competition that you can exploit to your benefit? Are you able to keep your outlay lower than your rivalry so that you are always the cheapest? Do you have a premier position? Are you the pioneer or the only one to supply a service or product? Are you able to stay ahead of the rivalry and if so what enables you to do this? Do you have a good identification, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatsoever or an all singing and dancing website with bells and whistles on? In most scenarios it's going to be something in-between these two, and you ought to reason long and hard where your company is going to position itself. You can go and see this website and get more info as regards putting your Flags and Banners Company business online.
Sales Strategy
How are you going to acquire sales for your Flags and Banners Company business in the first place and how are you going to grow or maintain sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your potential patrons and know the answers to likely questions they will ask you. How are you going to build up a rapport with your patrons to get yet to come sales from them? How are you going to observe your sales? Do you want to increase your sales?
Formulating a good business proposal will increase your chances of getting a sale. Use this sample Flags and Banners Company business proposal to assist you.
Management Summary
Management Team
Who are the chief players in your business?
Flags and Banners Company Organizational Structure
What is the structure of your business - who is in charge of each division within your organization?
Personnel Plan
This should be a listing of each person in your business, their wage and what if any share options they have for now and in the future. You can also add what type of contracts they have, long and short term and whether that is liable to change in the future or not.
Flags and Banners Company Financial Plan
Will you bring in all your own funding or will it be a mixture of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Flags and Banners Company Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Flags and Banners Company Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Observably these ought to be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Flags and Banners Company Cash Flow
You ought to have charts and tables to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should consist of all your key information which makes your business operate efficiently. This ought to be your business financials - so all your tables of numbers, tax returns, inventory estimates and personal and business credit history information. The information in the appendix is highly confidential and ought to only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Flags and Banners Company Business?
Flags and Banners Company Business Plan Page 1 | Flags and Banners Company Business Plan Page 2
Useful Flags and Banners Company Resources
Flags and Banners Company Marketing Plan | Flags and Banners Company Equipment | Flags and Banners Company Online
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