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Strategy and Implementation Summary
What is your universal stratagem to make your business a winner and how will you accomplish this?
Native American Art Store Marketing Strategy
What are the tangible ways you are going to use in order to promote your Native American Art Store business to your existing and probable patrons. You can in addition add the expenses involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can target your clients better. For instance if you are using PPC as a technique to go for Native American Art Store customers you possibly will draw on long tail keyword search phrases considerably than short generic words. This should condense your PPC outlay as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Native American Art Store Pricing Strategy
How have you arrived at your 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 about your products and services to your possible customers - 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 above your rivals that you can exploit to your gain? Are you able to keep your expenditure lower than your competition so that you are continually the cheapest? Do you have a prime location? Are you the originator or the only one to supply a product or service? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good name, 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's going to be something in-between these two, and you ought to reason long and hard where your business is going to position itself. You can pay a quick visit to this website and get more information with reference to putting your Native American Art Store business online.
Sales Strategy
How are you going to pick up sales for your Native American Art Store business in the first place and how are you going to build up or maintain sales as time goes on? How much is every sale 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 make a rapport with your customers to get future 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 Native American Art Store business proposal to assist you.
Management Summary
Management Team
Who are the major players in your business?
Native American Art Store Organizational Structure
What is the hierarchy of your company - who is the manager of each department in your company?
Personnel Plan
This should be a directory of everybody in your business, their salary 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 apt to alter in the future or not.
Native American Art Store Financial Plan
Will you bring in all your own funding or will it be an assortment of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Native American Art Store Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Native American Art Store Profit and Loss
You can denote 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Native American Art Store Cash Flow
You ought to have charts and tables to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your crucial 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Native American Art Store Business?
Native American Art Store Business Plan Page 1 | Native American Art Store Business Plan Page 2
Useful Native American Art Store Resources
Native American Art Store Marketing Plan | Native American Art Store Equipment | Native American Art Store Online
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