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Strategy and Implementation Summary
What is your common approach to make your business a success and how will you attain this?
Martial Arts Supply and Equipment Store Marketing Strategy
What are the genuine ways you are going to draw on in order to promote your Martial Arts Supply and Equipment Store business to your existing and prospective clients. You can as well add the expenses 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 strategy to go for Martial Arts Supply and Equipment Store patrons you may use long tail keyword search phrases significantly than short generic words. This should drive down your PPC costs as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Martial Arts Supply and Equipment Store 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 apply to get the word out about your products and services to your potential patrons - 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 opposition that you can exploit to your advantage? Are you able to keep your expenses lower than your rivalry so that you are continuously the cheapest? Do you have a prime location? Are you the first or the only one to provide 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 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 ought to reason long and hard where your company is going to position itself. You can pay a visit to this website and get more info about putting your Martial Arts Supply and Equipment Store business online.
Sales Strategy
How are you going to generate sales for your Martial Arts Supply and Equipment Store business in the first place and how are you going to expand or maintain sales as time goes on? How much is each sale going to cost you? Make definite you know what questions to ask of your possible clients and know the answers to likely questions they will ask you. How are you going to create 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 Martial Arts Supply and Equipment Store business proposal to assist you.
Management Summary
Management Team
Who are the central players in your company?
Martial Arts Supply and Equipment Store Organizational Structure
What is the hierarchy of your business - who is the manager of every division within your company?
Personnel Plan
This should be a register of everybody in your business, 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 expected to alter in the future or not.
Martial Arts Supply and Equipment Store Financial Plan
Will you contribute all your own funding or will it be a mix of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Martial Arts Supply and Equipment Store Break Even Analysis
How long will it take to get your capital investment back through sales of your services and products. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Martial Arts Supply and Equipment Store Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Martial Arts Supply and Equipment 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 ought to contain all your essential info which makes your business tick. 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Martial Arts Supply and Equipment Store Business?
Martial Arts Supply and Equipment Store Business Plan Page 1 | Martial Arts Supply and Equipment Store Business Plan Page 2
Useful Martial Arts Supply and Equipment Store Resources
Martial Arts Supply and Equipment Store Marketing Plan | Martial Arts Supply and Equipment Store Equipment | Martial Arts Supply and Equipment Store Online
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