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Strategy and Implementation Summary
What is your universal line of attack to make your business a winner and how will you go about this?
Glass and Mirror Store Marketing Strategy
What are the genuine methods you are going to draw on in order to promote your Glass and Mirror Store business to your present and possible patrons. You can in addition add the expenditure involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can seek out your clients better. For instance if you are using Pay Per Click as a procedure to go for Glass and Mirror Store clients you may well employ long tail keyword search phrases rather than succinct generic words. This ought to cut down your Pay Per Click outlay as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Glass and Mirror Store 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 put into practice to get the word out concerning your services and products to your possible customers - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits above your competition that you can exploit to your advantage? Are you capable of keeping your expenditure lower than your competition so that you are always the cheapest? Do you have a premier location? Are you the originator or the only one to supply a product or service? Are you capable of staying ahead of the competition and if so what enables you to do this? Do you have a good name, trademarks, patents or a licence?
Web Strategy
Are 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 deliberate long and hard where your business is going to position itself. You can pay a quick visit to this website and get more info about putting your Glass and Mirror Store business online.
Sales Strategy
How are you going to acquire sales for your Glass and Mirror Store business in the first place and how are you going to expand or uphold 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 shape a rapport with your clients to get prospective 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 Glass and Mirror Store business proposal to assist you.
Management Summary
Management Team
Who are the major protagonists in your business?
Glass and Mirror Store Organizational Structure
What is the structure of your company - who is the manager of each department inside your company?
Personnel Plan
This should be a roll of everyone in your business, their salary 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 apt to alter in the future or not.
Glass and Mirror Store Financial Plan
Will you contribute all your own funding or will it be a mix of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Glass and Mirror Store Break Even Analysis
How long will it take to get your investments back in terms of capital outlay 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.
Glass and Mirror Store Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Glass and Mirror Store Cash Flow
You ought to have tables and charts to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to incorporate all your vital information which makes your business tick. This should 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Glass and Mirror Store Business?
Glass and Mirror Store Business Plan Page 1 | Glass and Mirror Store Business Plan Page 2
Useful Glass and Mirror Store Resources
Glass and Mirror Store Marketing Plan | Glass and Mirror Store Equipment | Glass and Mirror Store Online
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