 |
 |
|
|
 |
Strategy and Implementation Summary
What is your universal stratagem to make your business a success and how will you achieve this?
Novelist Marketing Strategy
What are the real methods you are going to exercise in order to market your Novelist business to your present and prospective customers. You can moreover add the overheads involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can seek out your customers better. For instance if you are using Pay Per Click as a approach to target Novelist customers you may draw on long tail keyword search phrases preferably than succinct generic words. This should slash your Pay Per Click outlay as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Novelist Pricing Strategy
What stratagem 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 put into action to get the word out regarding your services and products to your would-be 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 gain? Are you able to keep your costs lower than your rivals so that you are at all times the cheapest? Do you have a superlative position? Are you the originator or the only one to provide a product or service? Are you able to stay in front of the rivalry 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 whatsoever or an all singing and dancing website with bells and whistles on? In most scenarios it's going to be something in-between these two, and you ought to contemplate long and hard where your business is going to position itself. You can go and see this website and get more info as regards putting your Novelist business online.
Sales Strategy
How are you going to get sales for your Novelist business in the first place and how are you going to increase 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 prospective patrons and know the answers to likely questions they will ask you. How are you going to foster a connection with your clients to get prospective sales from them? How are you going to scrutinize 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 Novelist business proposal to assist you.
Management Summary
Management Team
Who are the focal protagonists in your business?
Novelist Organizational Structure
What is the hierarchy of your business - who is in charge of every department inside your organization?
Personnel Plan
This ought to be a roll of every person in your business, their payment 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.
Novelist Financial Plan
Will you contribute all your own funding or will it be a fusion of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Novelist Break Even Analysis
How long will it take to get your capital investment back by means of 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.
Novelist Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Novelist Cash Flow
You ought to have charts and tables to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to include all your crucial information which makes your business operate efficiently. 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 should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Novelist Business?
Novelist Business Plan Page 1 | Novelist Business Plan Page 2
Useful Novelist Resources
Novelist Marketing Plan | Novelist Equipment | Novelist Online
Find a different business plan...