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Strategy and Implementation Summary
What is your universal line of attack to make your business a winner and how will you realize this?
Maggot Farm Marketing Strategy
What are the authentic ways you are going to draw on in order to market your Maggot Farm business to your existing and impending customers. You can as well 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 PPC as a way to target Maggot Farm clients you could employ long tail keyword search phrases rather than succinct generic words. This ought to condense your Pay Per Click costs as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Maggot Farm 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 put into service to get the sound out as regards your products and services to your possible 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 benefits over your opposition that you can exploit to your advantage? Are you able to keep your overheads lower than your rivals so that you are always the cheapest? Do you have a first-class position? Are you the original or the only one to provide a service or product? Are you capable of staying ahead of the opposition 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 going to have no website 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 contemplate long and hard where your business is going to position itself. You can pay a visit to this website and get more information about putting your Maggot Farm business online.
Sales Strategy
How are you going to generate sales for your Maggot Farm business in the first place and how are you going to build up or sustain sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your would-be patrons and know the answers to likely questions they will ask you. How are you going to build an affiliation with your patrons 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 Maggot Farm business proposal to assist you.
Management Summary
Management Team
Who are the most important players in your business?
Maggot Farm Organizational Structure
What is the hierarchy of your business - who is in charge of every division within your company?
Personnel Plan
This should be a list of every person in your company, their remuneration 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 change in the future or not.
Maggot Farm Financial Plan
Will you supply all your own funding or will it be a mixture of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Maggot Farm Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Maggot Farm 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Maggot Farm Cash Flow
You should have charts and tables to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to embrace all your important 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 ought to only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Maggot Farm Business?
Maggot Farm Business Plan Page 1 | Maggot Farm Business Plan Page 2
Useful Maggot Farm Resources
Maggot Farm Marketing Plan | Maggot Farm Equipment | Maggot Farm Online
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