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Strategy and Implementation SummaryWhat is your universal strategy to make your business a success and how will you go about this? Garaging Marketing StrategyWhat are the concrete ways you are going to draw on in order to promote your Garaging business to your present and would-be patrons. You can as well add the outlay involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your customers better. For example if you are using PPC as a strategy to target Garaging customers you might employ long tail keyword search phrases preferably than short generic words. This should decrease your PPC costs as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy. Garaging Pricing StrategyHow have you arrived at your prices for your services and products? 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 StrategyWhat promotion strategies are you going to put into action to get the sound out about your products and services to your likely customers - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products? Business Competitive EdgeDo you have some benefits above your competition that you can exploit to your gain? Are you capable of keeping your outlay lower than your competitors so that you are constantly the cheapest? Do you have a first-class position? Are you the first or the only one to provide a service or product? Are you able to stay in front of the rivalry and if so what enables you to do this? Do you have a good class, trademarks, patents or a licence? Web StrategyAre you just going to have nothing at all or an all singing and dancing website with bells and whistles on? In most scenarios it is going to be something in-between these two, and you ought to think long and hard where your business is going to position itself. You can visit this website and get more information on the subject of putting your Garaging business online. Sales StrategyHow are you going to acquire sales for your Garaging 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 definite you know what questions to ask of your possible clients and know the answers to likely questions they will ask you. How are you going to create an affiliation with your clients 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 Garaging business proposal to assist you. Management SummaryManagement TeamWho are the most important protagonists in your business? Garaging Organizational StructureWhat is the structure of your company - who is the manager of every division inside your business? Personnel PlanThis ought to be a record of everybody in your company, how much they get paid 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 likely to change in the future or not. Garaging Financial PlanWill you contribute all your own funding or will it be a blend of your money, bank loans, or angel investors? Do you need help in writing your financial plan? Garaging Break Even AnalysisHow long will it take to get your capital investment back by means of 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. Garaging Profit and LossYou can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you. Garaging Cash FlowYou should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet. AppendixThis should include all your crucial information which makes your business tick. 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 should only be given to potential investors. Exit StrategyHow exactly are you going to sell your Garaging Business?
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