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Strategy and Implementation Summary
What is your common line of attack to make your business a success and how will you accomplish this?
Piano Tuning and Repairing Service Marketing Strategy
What are the real methods you are going to exercise in order to promote your Piano Tuning and Repairing Service business to your present and impending patrons. You can in addition add the costs involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can target your customers better. For instance if you are using Pay Per Click as a structure to go for Piano Tuning and Repairing Service clients you possibly will draw on long tail keyword search phrases considerably than short generic words. This ought to condense your PPC overheads as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Piano Tuning and Repairing Service 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 word out about your products and services to your potential 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 advantage above your rivalry that you can exploit to your advantage? Are you able to keep your overheads lower than your competition so that you are constantly the cheapest? Do you have a first-class position? Are you the pioneer or the only one to supply a product or service? Are you capable of staying ahead of the competition and if so what enables you to do this? Do you have a good brand, 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 case 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 pay a quick visit to this website and get more information on the subject of putting your Piano Tuning and Repairing Service business online.
Sales Strategy
How are you going to pick up sales for your Piano Tuning and Repairing Service business in the first place and how are you going to intensify 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 prospective patrons and know the answers to likely questions they will ask you. How are you going to put together a relationship with your customers to get future 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 Piano Tuning and Repairing Service business proposal to assist you.
Management Summary
Management Team
Who are the chief protagonists in your business?
Piano Tuning and Repairing Service Organizational Structure
What is the hierarchy of your business - who is in charge of each division in your business?
Personnel Plan
This should be a list of each person in your business, 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, long and short term and whether that is prone to alter in the future or not.
Piano Tuning and Repairing Service Financial Plan
Will you provide all your own funding or will it be a blend of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Piano Tuning and Repairing Service Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of 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.
Piano Tuning and Repairing Service Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Piano Tuning and Repairing Service Cash Flow
You ought to have charts and tables to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your fundamental info 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 impending investors.
Exit Strategy
How exactly are you going to sell your Piano Tuning and Repairing Service Business?
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Useful Piano Tuning and Repairing Service Resources
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