 |
 |
|
|
 |
Strategy and Implementation Summary
What is your general line of attack to make your business a success and how will you realize this?
Party Supply Store Marketing Strategy
What are the real ways you are going to draw on in order to promote your Party Supply Store business to your existing and potential customers. You can also add the overheads involved in doing this and strategies involved in reducing your marketing expenses and how your marketing strategy can target your customers better. For instance if you are using Pay Per Click as a way to go for Party Supply Store clients you possibly will employ long tail keyword search phrases significantly than succinct generic words. This ought to trim down your PPC costs as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Party Supply Store 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 instigate to get the sound out as regards your products and services 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 above your rivals that you can exploit to your gain? Are you capable of keeping your expenses lower than your rivalry so that you are continuously the cheapest? Do you have a first-rate locality? Are you the pioneer or the only one to provide a product or service? Are you capable of staying in front of the competition and if so what enables you to do this? Do you have a good make, trademarks, patents or a licence?
Web Strategy
Are you going to have no website at all 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 ought to consider long and hard where your company is going to position itself. You can visit this website and get more info in relation to putting your Party Supply Store business online.
Sales Strategy
How are you going to get sales for your Party Supply Store business in the first place and how are you going to increase or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your likely customers and know the answers to likely questions they will ask you. How are you going to put together a rapport with your clients to get future 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 Party Supply Store business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your business?
Party Supply Store Organizational Structure
What is the structure of your company - who is the manager of each division in your business?
Personnel Plan
This should be a roll of everyone 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, long and short term and whether that is liable to change in the future or not.
Party Supply Store Financial Plan
Will you contribute all your own funding or will it be a mix of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Party Supply Store Break Even Analysis
How long will it take to get your capital investment back through sales of your services and products. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Party Supply Store Profit and Loss
You can embody this usually in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Party Supply Store Cash Flow
You ought to have charts and tables to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should add 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 ought to only be given to would-be investors.
Exit Strategy
How exactly are you going to sell your Party Supply Store Business?
Party Supply Store Business Plan Page 1 | Party Supply Store Business Plan Page 2
Useful Party Supply Store Resources
Party Supply Store Marketing Plan | Party Supply Store Equipment | Party Supply Store Online
Find a different business plan...