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Strategy and Implementation Summary
What is your common strategy to make your business a winner and how will you complete this?
Performing Arts Company Marketing Strategy
What are the real ways you are going to draw on in order to market your Performing Arts Company business to your existing and possible patrons. You can in addition add the expenditure involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your clients better. For example if you are using PPC as a method to target Performing Arts Company customers you could employ long tail keyword search phrases preferably than short generic words. This should shrink your PPC overheads as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Performing Arts Company 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 implement to get the sound 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 competition that you can exploit to your advantage? Are you able to keep your expenses lower than your competition so that you are continually the cheapest? Do you have a premier location? Are you the original or the only one to supply a product or service? Are you capable of staying ahead of the rivalry 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 need to think long and hard where your business is going to position itself. You can pay a visit to this website and get more information regarding putting your Performing Arts Company business online.
Sales Strategy
How are you going to get sales for your Performing Arts Company business in the first place and how are you going to increase or preserve sales as time goes on? How much are your sales going to cost you? Make sure 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 create a relationship 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 Performing Arts Company business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your business?
Performing Arts Company Organizational Structure
What is the structure of your business - who is the manager of every division within your organization?
Personnel Plan
This should be a directory of each person in your company, their wage 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.
Performing Arts Company Financial Plan
Will you bring in all your own funding or will it be a combination of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Performing Arts Company 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.
Performing Arts Company Profit and Loss
You can represent profit and loss 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.
Performing Arts Company Cash Flow
You should have charts and tables to exhibit your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to contain all your critical 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 ought to only be given to likely investors.
Exit Strategy
How exactly are you going to sell your Performing Arts Company Business?
Performing Arts Company Business Plan Page 1 | Performing Arts Company Business Plan Page 2
Useful Performing Arts Company Resources
Performing Arts Company Marketing Plan | Performing Arts Company Equipment | Performing Arts Company Online
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