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Strategy and Implementation Summary
What is your common line of attack to make your business a winner and how will you realize this?
Go Go Bar Marketing Strategy
What are the authentic ways you are going to draw on in order to promote your Go Go Bar business to your present and prospective customers. You can what's more add the outlay involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can seek out your customers better. For example if you are using Pay Per Click as a means to target Go Go Bar patrons you might use long tail keyword search phrases to a certain extent than succinct generic words. This ought to lower your PPC expenditure as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Go Go Bar 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 action to get the word out as regards your services and products to your potential patrons - 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 rivalry that you can exploit to your benefit? Are you capable of keeping your costs lower than your competition so that you are constantly the cheapest? Do you have a superlative position? Are you the first or the only one to provide a product or service? Are you capable of staying ahead of the rivalry and if so what enables you to do this? Do you have a good brand, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatever 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 contemplate long and hard where your company is going to position itself. You can go and see this website and get more information as regards putting your Go Go Bar business online.
Sales Strategy
How are you going to pick up sales for your Go Go Bar business in the first place and how are you going to build up or sustain sales as time goes on? How much is each sale going to cost you? Make certain you know what questions to ask of your likely clients and know the answers to likely questions they will ask you. How are you going to encourage an affiliation with your customers to get yet to come sales from them? How are you going to scrutinize 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 Go Go Bar business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
Go Go Bar Organizational Structure
What is the structure of your company - who is the manager of each division in your organization?
Personnel Plan
This should be a listing of each person in your business, how much they are 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 liable to change in the future or not.
Go Go Bar Financial Plan
Will you supply all your own funding or will it be a blend of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Go Go Bar Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your services and products. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Go Go Bar Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Observably these should be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Go Go Bar Cash Flow
You ought to have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should bring in all your vital 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 should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Go Go Bar Business?
Go Go Bar Business Plan Page 1 | Go Go Bar Business Plan Page 2
Useful Go Go Bar Resources
Go Go Bar Marketing Plan | Go Go Bar Equipment | Go Go Bar Online
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