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Strategy and Implementation Summary
What is your general line of attack to make your business a success and how will you realize this?
Gas Tungsten Arc Welding Marketing Strategy
What are the real ways you are going to employ in order to promote your Gas Tungsten Arc Welding business to your existing and potential patrons. You can moreover add the overheads involved in doing this and strategies involved in reducing your marketing overheads and how your marketing strategy can seek out your patrons better. For instance if you are using PPC as a means to target Gas Tungsten Arc Welding customers you could use long tail keyword search phrases preferably than short generic words. This should lessen your PPC outlay as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Gas Tungsten Arc Welding Pricing Strategy
What strategy did you use to get your selling 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 employ to get the word out about your products and services to your likely clients - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage above your competitors that you can exploit to your benefit? Are you able to keep your costs lower than your rivalry so that you are continuously the cheapest? Do you have a superlative position? Are you the pioneer or the only one to supply a service or product? Are you capable of staying ahead of the opposition and if so what enables you to do this? Do you have a good name, 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 information on the subject of putting your Gas Tungsten Arc Welding business online.
Sales Strategy
How are you going to acquire sales for your Gas Tungsten Arc Welding business in the first place and how are you going to expand or preserve sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your likely patrons and know the answers to likely questions they will ask you. How are you going to put together a connection 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 Gas Tungsten Arc Welding business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your business?
Gas Tungsten Arc Welding Organizational Structure
What is the hierarchy of your company - who is in charge of each division in your business?
Personnel Plan
This should be a roll of each person in your company, 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, short and long term and whether that is likely to alter in the future or not.
Gas Tungsten Arc Welding Financial Plan
Will you provide all your own funding or will it be an assortment of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Gas Tungsten Arc Welding Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Gas Tungsten Arc Welding Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously these should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Gas Tungsten Arc Welding Cash Flow
You ought to have tables and charts to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to comprise all your vital info 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 should only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Gas Tungsten Arc Welding Business?
Gas Tungsten Arc Welding Business Plan Page 1 | Gas Tungsten Arc Welding Business Plan Page 2
Useful Gas Tungsten Arc Welding Resources
Gas Tungsten Arc Welding Marketing Plan | Gas Tungsten Arc Welding Equipment | Gas Tungsten Arc Welding Online
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