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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?
Greyhound Race Track Marketing Strategy
What are the actual methods you are going to employ in order to promote your Greyhound Race Track business to your existing and would-be customers. You can moreover add the outlay involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can seek out your customers better. For example if you are using Pay Per Click as a technique to go for Greyhound Race Track patrons you could employ long tail keyword search phrases rather than short generic words. This ought to shrink your PPC costs as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Greyhound Race Track Pricing Strategy
How 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 Strategy
What promotion strategies are you going to instigate to get the sound out as regards 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 competitors that you can exploit to your gain? Are you capable of keeping your expenses lower than your opposition so that you are constantly the cheapest? Do you have a superior site? Are you the first or the only one to provide a service or product? Are you capable of staying ahead of the competition and if so what enables you to do this? Do you have a good class, 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 case 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 information on the subject of putting your Greyhound Race Track business online.
Sales Strategy
How are you going to acquire sales for your Greyhound Race Track business in the first place and how are you going to boost or uphold sales as time goes on? How much is every sale going to cost you? Make definite 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 foster a connection with your customers to get yet to come sales from them? How are you going to check 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 Greyhound Race Track business proposal to assist you.
Management Summary
Management Team
Who are the core players in your business?
Greyhound Race Track Organizational Structure
What is the structure of your business - who is in charge of each division in your company?
Personnel Plan
This ought to be a directory of everybody 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, long and short term and whether that is prone to alter in the future or not.
Greyhound Race Track Financial Plan
Will you deliver 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?
Greyhound Race Track Break Even Analysis
How long will it take to get your capital investment back 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.
Greyhound Race Track Profit and Loss
You can represent this usually 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Greyhound Race Track Cash Flow
You ought to have charts and tables to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to include all your important information 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 ought to only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Greyhound Race Track Business?
Greyhound Race Track Business Plan Page 1 | Greyhound Race Track Business Plan Page 2
Useful Greyhound Race Track Resources
Greyhound Race Track Marketing Plan | Greyhound Race Track Equipment | Greyhound Race Track Online
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