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Strategy and Implementation Summary
What is your general line of attack to make your business a winner and how will you go about this?
Molding Service Marketing Strategy
What are the definite ways you are going to exercise in order to promote your Molding Service business to your present and possible patrons. You can furthermore add the expenditure involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your clients better. For example if you are using PPC as a technique to go for Molding Service clients you may employ long tail keyword search phrases rather than succinct generic words. This ought to reduce your Pay Per Click overheads as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Molding Service 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 practice to get the sound out concerning 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 over your competition that you can exploit to your gain? Are you capable of keeping your expenditure lower than your rivals so that you are at all times the cheapest? Do you have a premier site? Are you the originator or the only one to provide a service or product? Are you able to stay in front of the rivalry and if so what enables you to do this? Do you have a good identification, 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's 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 visit this website and get more info with reference to putting your Molding Service business online.
Sales Strategy
How are you going to pick up sales for your Molding Service business in the first place and how are you going to intensify or preserve sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your budding customers and know the answers to likely questions they will ask you. How are you going to build up an association with your customers to get prospective 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 Molding Service business proposal to assist you.
Management Summary
Management Team
Who are the central players in your business?
Molding Service Organizational Structure
What is the hierarchy of your business - who is in charge of each division within your organization?
Personnel Plan
This should be a roll of each person in your company, their pay 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 apt to change in the future or not.
Molding Service Financial Plan
Will you contribute all your own funding or will it be a mixture of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Molding Service Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Molding Service Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Clearly these should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Molding Service Cash Flow
You ought to have charts and tables to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to consist of all your key 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 should only be given to likely investors.
Exit Strategy
How exactly are you going to sell your Molding Service Business?
Molding Service Business Plan Page 1 | Molding Service Business Plan Page 2
Useful Molding Service Resources
Molding Service Marketing Plan | Molding Service Equipment | Molding Service Online
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