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Strategy and Implementation Summary
What is your universal approach to make your business a success and how will you go about this?
Party Planning Consultant Marketing Strategy
What are the definite ways you are going to use in order to market your Party Planning Consultant business to your existing and probable patrons. You can additionally add the outlay involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can seek out your clients better. For example if you are using Pay Per Click as a means to go for Party Planning Consultant clients you possibly will employ long tail keyword search phrases to a certain extent than short generic words. This should decrease your PPC costs as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Party Planning Consultant Pricing Strategy
How did you work out your price points 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 implement to get the sound out concerning your services and products 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 benefits above your competitors that you can exploit to your advantage? Are you capable of keeping your expenses 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 provide a service or product? Are you capable of staying in front of the opposition 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 whatever or an all singing and dancing website with bells and whistles on? In most scenarios it is going to be something in-between these two, and you need to consider long and hard where your business is going to position itself. You can pay a visit to this website and get more info concerning putting your Party Planning Consultant business online.
Sales Strategy
How are you going to acquire sales for your Party Planning Consultant business in the first place and how are you going to build up or uphold sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your possible patrons and know the answers to likely questions they will ask you. How are you going to shape a rapport with your customers to get prospective sales from them? How are you going to observe 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 Party Planning Consultant business proposal to assist you.
Management Summary
Management Team
Who are the chief players in your company?
Party Planning Consultant Organizational Structure
What is the hierarchy of your company - who is the manager of every department inside your business?
Personnel Plan
This should be a listing of everybody 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 expected to alter in the future or not.
Party Planning Consultant Financial Plan
Will you deliver all your own funding or will it be a mix of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Party Planning Consultant Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through 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.
Party Planning Consultant Profit and Loss
You can denote 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Party Planning Consultant 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 should contain all your vital 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 should only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Party Planning Consultant Business?
Party Planning Consultant Business Plan Page 1 | Party Planning Consultant Business Plan Page 2
Useful Party Planning Consultant Resources
Party Planning Consultant Marketing Plan | Party Planning Consultant Equipment | Party Planning Consultant Online
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