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Strategy and Implementation Summary
What is your universal strategy to make your business a success and how will you accomplish this?
Juke Box Store Marketing Strategy
What are the genuine methods you are going to exercise in order to promote your Juke Box Store business to your present and likely clients. You can furthermore add the outlay involved in doing this and strategies involved in reducing your marketing expenses and how your marketing strategy can seek out your patrons better. For instance if you are using PPC as a means to go for Juke Box Store patrons you could draw on long tail keyword search phrases preferably than short generic words. This should drive down your PPC outlay as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Juke Box Store Pricing Strategy
How did you work out your price points 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 sound out concerning your services and products 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 competition that you can exploit to your advantage? Are you capable of keeping your expenditure lower than your rivalry so that you are continually the cheapest? Do you have a superlative location? Are you the first or the only one to supply a service or product? Are you able to stay ahead of the competition and if so what enables you to do this? Do you have a good brand, 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's going to be something in-between these two, and you need to think long and hard where your business is going to position itself. You can visit this website and get more info about putting your Juke Box Store business online.
Sales Strategy
How are you going to generate sales for your Juke Box Store business in the first place and how are you going to intensify or sustain sales as time goes on? How much is every 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 create a rapport with your clients to get yet to come sales from them? How are you going to monitor 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 Juke Box Store business proposal to assist you.
Management Summary
Management Team
Who are the chief protagonists in your business?
Juke Box Store Organizational Structure
What is the structure of your company - who is the manager of every division in your organization?
Personnel Plan
This should be a record of every person in your company, how much they get 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 likely to change in the future or not.
Juke Box Store Financial Plan
Will you supply all your own funding or will it be a blend of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Juke Box Store Break Even Analysis
How long will it take to get your capital investment back by means of 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.
Juke Box Store Profit and Loss
You can embody this usually 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Juke Box Store Cash Flow
You should have charts and tables to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should consist of all your critical info which makes your business tick. 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 ought to only be given to would-be investors.
Exit Strategy
How exactly are you going to sell your Juke Box Store Business?
Juke Box Store Business Plan Page 1 | Juke Box Store Business Plan Page 2
Useful Juke Box Store Resources
Juke Box Store Marketing Plan | Juke Box Store Equipment | Juke Box Store Online
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