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Strategy and Implementation Summary
What is your universal stratagem to make your business a winner and how will you attain this?
Oxyfuel Welding Marketing Strategy
What are the real methods you are going to use in order to promote your Oxyfuel Welding business to your present and impending customers. You can in addition add the outlay involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can target your patrons better. For instance if you are using Pay Per Click as a technique to target Oxyfuel Welding customers you may perhaps employ long tail keyword search phrases considerably than short generic words. This ought to trim down your PPC expenditure as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Oxyfuel Welding Pricing Strategy
How did you work out your price points 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 execute to get the word out regarding your products and services to your potential 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 advantage? Are you capable of keeping your overheads lower than your rivalry so that you are continuously the cheapest? Do you have a first-rate position? Are you the original 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 identifying mark, 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 scenarios it's going to be something in-between these two, and you need to contemplate long and hard where your business is going to position itself. You can pay a quick visit to this website and get more info as regards putting your Oxyfuel Welding business online.
Sales Strategy
How are you going to acquire sales for your Oxyfuel Welding business in the first place and how are you going to boost or maintain sales as time goes on? How much is every sale going to cost you? Make sure you know what questions to ask of your would-be patrons and know the answers to likely questions they will ask you. How are you going to put together a connection with your clients to get yet to come 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 Oxyfuel Welding business proposal to assist you.
Management Summary
Management Team
Who are the core protagonists in your company?
Oxyfuel Welding Organizational Structure
What is the structure of your business - who is the manager of each division within your business?
Personnel Plan
This ought to be a list of each person in your company, 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.
Oxyfuel Welding Financial Plan
Will you contribute all your own funding or will it be an assortment of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Oxyfuel Welding Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Oxyfuel Welding 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Oxyfuel Welding Cash Flow
You should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should bring in all your key info 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 potential investors.
Exit Strategy
How exactly are you going to sell your Oxyfuel Welding Business?
Oxyfuel Welding Business Plan Page 1 | Oxyfuel Welding Business Plan Page 2
Useful Oxyfuel Welding Resources
Oxyfuel Welding Marketing Plan | Oxyfuel Welding Equipment | Oxyfuel Welding Online
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