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Strategy and Implementation Summary
What is your universal line of attack to make your business a success and how will you realize this?
Plastic Welding Marketing Strategy
What are the tangible methods you are going to draw on in order to promote your Plastic Welding business to your existing and impending patrons. You can what's more add the overheads involved in doing this and strategies involved in reducing your marketing expenses and how your marketing strategy can seek out your patrons better. For instance if you are using Pay Per Click as a strategy to go for Plastic Welding patrons you may perhaps draw on long tail keyword search phrases significantly than short generic words. This should reduce your Pay Per Click expenditure as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Plastic Welding Pricing Strategy
What stratagem did you use to get your selling prices for your 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 put into action to get the word out regarding your services and products to your potential patrons - 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 rivals that you can exploit to your advantage? Are you able to keep your overheads lower than your competition so that you are continuously the cheapest? Do you have a first-class position? Are you the first 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 class, 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 deliberate long and hard where your company is going to position itself. You can go and see this website and get more info as regards putting your Plastic Welding business online.
Sales Strategy
How are you going to acquire sales for your Plastic Welding business in the first place and how are you going to build up or uphold sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your would-be clients and know the answers to likely questions they will ask you. How are you going to construct a rapport with your clients to get prospective 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 Plastic Welding business proposal to assist you.
Management Summary
Management Team
Who are the main protagonists in your company?
Plastic Welding Organizational Structure
What is the hierarchy of your business - who is the manager of every department inside your organization?
Personnel Plan
This should be a register of each person 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.
Plastic Welding Financial Plan
Will you bring all your own funding or will it be a fusion of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Plastic Welding 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.
Plastic Welding Profit and Loss
You can embody profit and loss 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.
Plastic Welding Cash Flow
You should have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to take account of all your fundamental info which makes your business tick. This should 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 potential investors.
Exit Strategy
How exactly are you going to sell your Plastic Welding Business?
Plastic Welding Business Plan Page 1 | Plastic Welding Business Plan Page 2
Useful Plastic Welding Resources
Plastic Welding Marketing Plan | Plastic Welding Equipment | Plastic Welding Online
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