 |
 |
|
|
 |
Strategy and Implementation Summary
What is your universal strategy to make your business a success and how will you realize this?
Solicitor Marketing Strategy
What are the tangible methods you are going to use in order to promote your Solicitor business to your present and probable customers. 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 example if you are using PPC as a structure to target Solicitor clients you might draw on long tail keyword search phrases preferably than short generic words. This should cut down your Pay Per Click overheads as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Solicitor Pricing Strategy
How did you work out your price points 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 sound out regarding your products and services to your likely clients - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage above your competition that you can exploit to your benefit? Are you capable of keeping your expenditure lower than your opposition so that you are always the cheapest? Do you have a prime site? Are you the original 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 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 consider long and hard where your business is going to position itself. You can go and see this website and get more information concerning putting your Solicitor business online.
Sales Strategy
How are you going to get sales for your Solicitor business in the first place and how are you going to boost or uphold sales as time goes on? How much is every sale going to cost you? Make certain you know what questions to ask of your likely patrons and know the answers to likely questions they will ask you. How are you going to put together an affiliation with your patrons to get future sales from them? How are you going to monitor 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 Solicitor business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your company?
Solicitor Organizational Structure
What is the hierarchy of your company - who is in charge of each department in your business?
Personnel Plan
This ought to be a register of everyone in your business, 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 apt to alter in the future or not.
Solicitor Financial Plan
Will you bring all your own funding or will it be a mix of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Solicitor Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Solicitor Profit and Loss
You can represent profit and loss 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Solicitor Cash Flow
You ought to have tables and charts to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to comprise all your essential information 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 ought to only be given to probable investors.
Exit Strategy
How exactly are you going to sell your Solicitor Business?
Solicitor Business Plan Page 1 | Solicitor Business Plan Page 2
Useful Solicitor Resources
Solicitor Marketing Plan | Solicitor Equipment | Solicitor Online
Find a different business plan...