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Strategy and Implementation Summary
What is your general line of attack to make your business a winner and how will you go about this?
Golf Driving Range Marketing Strategy
What are the authentic methods you are going to draw on in order to market your Golf Driving Range business to your existing and likely patrons. You can furthermore add the costs involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can seek out your clients better. For example if you are using PPC as a procedure to go for Golf Driving Range clients you possibly will employ long tail keyword search phrases considerably than short generic words. This should slash your Pay Per Click outlay as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Golf Driving Range 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 employ to get the word out concerning your products and services 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 over your competition that you can exploit to your advantage? Are you able to keep your costs lower than your rivals so that you are continually the cheapest? Do you have a premier site? Are you the originator or the only one to supply 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 identification, 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 think long and hard where your company is going to position itself. You can go and see this website and get more info regarding putting your Golf Driving Range business online.
Sales Strategy
How are you going to generate sales for your Golf Driving Range business in the first place and how are you going to boost or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your budding patrons and know the answers to likely questions they will ask you. How are you going to put together a bond with your clients to get prospective 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 Golf Driving Range business proposal to assist you.
Management Summary
Management Team
Who are the key protagonists in your company?
Golf Driving Range Organizational Structure
What is the hierarchy of your business - who is the manager of every division inside your company?
Personnel Plan
This should be a record of everyone in your business, their payment 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 prone to alter in the future or not.
Golf Driving Range Financial Plan
Will you provide all your own funding or will it be a mix of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Golf Driving Range 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 a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Golf Driving Range Profit and Loss
You can embody this usually 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.
Golf Driving Range Cash Flow
You should have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should take account of all your essential info which makes your business operate efficiently. 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 should only be given to would-be investors.
Exit Strategy
How exactly are you going to sell your Golf Driving Range Business?
Golf Driving Range Business Plan Page 1 | Golf Driving Range Business Plan Page 2
Useful Golf Driving Range Resources
Golf Driving Range Marketing Plan | Golf Driving Range Equipment | Golf Driving Range Online
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