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Strategy and Implementation Summary
What is your general approach to make your business a success and how will you achieve this?
Rug Repair Service Marketing Strategy
What are the authentic methods you are going to draw on in order to promote your Rug Repair Service business to your existing and would-be patrons. You can also add the costs involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can seek out your patrons better. For instance if you are using Pay Per Click as a strategy to target Rug Repair Service customers you possibly will use long tail keyword search phrases rather than short generic words. This should lessen your Pay Per Click overheads as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Rug Repair 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 apply to get the word out regarding your products and services to your possible 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 over your opposition that you can exploit to your benefit? Are you capable of keeping your expenditure lower than your competitors so that you are at all times the cheapest? Do you have a first-rate site? Are you the originator or the only one to supply a product or service? Are you able to stay in front of the opposition and if so what enables you to do this? Do you have a good brand, 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 scenarios it is going to be something in-between these two, and you need to deliberate long and hard where your business is going to position itself. You can go and see this website and get more information about putting your Rug Repair Service business online.
Sales Strategy
How are you going to generate sales for your Rug Repair Service business in the first place and how are you going to boost or preserve sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your potential clients and know the answers to likely questions they will ask you. How are you going to construct an association with your patrons to get yet to come 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 Rug Repair Service business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your company?
Rug Repair Service Organizational Structure
What is the hierarchy of your company - who is in charge of each division inside your organization?
Personnel Plan
This should be a list of everyone in your company, how much they are 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 liable to change in the future or not.
Rug Repair Service Financial Plan
Will you deliver all your own funding or will it be a mixture of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Rug Repair 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 should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Rug Repair Service Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Rug Repair Service Cash Flow
You should have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should incorporate all your fundamental information 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 should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Rug Repair Service Business?
Rug Repair Service Business Plan Page 1 | Rug Repair Service Business Plan Page 2
Useful Rug Repair Service Resources
Rug Repair Service Marketing Plan | Rug Repair Service Equipment | Rug Repair Service Online
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