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Strategy and Implementation Summary
What is your general stratagem to make your business a success and how will you go about this?
Mural Artist Marketing Strategy
What are the authentic ways you are going to exercise in order to market your Mural Artist business to your existing and probable customers. You can additionally add the overheads involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can seek out your clients better. For example if you are using PPC as a strategy to go for Mural Artist patrons you could employ long tail keyword search phrases significantly than short generic words. This ought to drive down your Pay Per Click costs as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Mural Artist Pricing Strategy
What strategy did you use to get your selling prices for your 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 products and services to your likely 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 advantage above your competitors that you can exploit to your gain? Are you able to keep your outlay lower than your rivalry so that you are at all times the cheapest? Do you have a first-class place? Are you the pioneer or the only one to supply 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 class, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatever 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 need to think long and hard where your business is going to position itself. You can visit this website and get more info regarding putting your Mural Artist business online.
Sales Strategy
How are you going to acquire sales for your Mural Artist business in the first place and how are you going to increase 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 prospective customers and know the answers to likely questions they will ask you. How are you going to foster a relationship with your clients to get prospective 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 Mural Artist business proposal to assist you.
Management Summary
Management Team
Who are the key protagonists in your business?
Mural Artist Organizational Structure
What is the hierarchy of your company - who is in charge of each department within your organization?
Personnel Plan
This should be a register 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, short and long term and whether that is prone to change in the future or not.
Mural Artist Financial Plan
Will you supply all your own funding or will it be a combination of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Mural Artist Break Even Analysis
How long will it take to get your investments back in terms of capital outlay 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.
Mural Artist Profit and Loss
You can represent 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Mural Artist Cash Flow
You should have tables and charts to exhibit your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to include all your important information 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 likely investors.
Exit Strategy
How exactly are you going to sell your Mural Artist Business?
Mural Artist Business Plan Page 1 | Mural Artist Business Plan Page 2
Useful Mural Artist Resources
Mural Artist Marketing Plan | Mural Artist Equipment | Mural Artist Online
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