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Strategy and Implementation Summary
What is your general stratagem to make your business a winner and how will you achieve this?
Magazine Dealer Marketing Strategy
What are the concrete methods you are going to employ in order to market your Magazine Dealer business to your existing and would-be customers. You can furthermore add the expenses involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can seek out your patrons better. For example if you are using Pay Per Click as a system to go for Magazine Dealer clients you may well employ long tail keyword search phrases considerably than succinct generic words. This should reduce 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.
Magazine Dealer Pricing Strategy
What stratagem did you use to get your selling 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 apply to get the word out about your services and products to your likely patrons - 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 rivalry that you can exploit to your benefit? Are you able to keep your costs lower than your competitors so that you are at all times the cheapest? Do you have a first-class locality? Are you the pioneer or the only one to supply a service or product? Are you capable of staying in front of the rivalry and if so what enables you to do this? Do you have a good identifying mark, 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 case it is going to be something in-between these two, and you need to reason long and hard where your company is going to position itself. You can pay a quick visit to this website and get more info regarding putting your Magazine Dealer business online.
Sales Strategy
How are you going to pick up sales for your Magazine Dealer business in the first place and how are you going to grow or maintain sales as time goes on? How much is each sale going to cost you? Make certain you know what questions to ask of your potential clients and know the answers to likely questions they will ask you. How are you going to shape a relationship with your patrons 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 Magazine Dealer business proposal to assist you.
Management Summary
Management Team
Who are the central players in your business?
Magazine Dealer Organizational Structure
What is the structure of your business - who is in charge of each department in your business?
Personnel Plan
This should be a directory of every 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 prone to alter in the future or not.
Magazine Dealer Financial Plan
Will you bring in all your own funding or will it be a blend of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Magazine Dealer Break Even Analysis
How long will it take to get your capital investment back through 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.
Magazine Dealer Profit and Loss
You can denote profit and loss 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.
Magazine Dealer Cash Flow
You should have tables and charts to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should include all your essential 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 Magazine Dealer Business?
Magazine Dealer Business Plan Page 1 | Magazine Dealer Business Plan Page 2
Useful Magazine Dealer Resources
Magazine Dealer Marketing Plan | Magazine Dealer Equipment | Magazine Dealer Online
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