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Strategy and Implementation Summary
What is your universal approach to make your business a winner and how will you attain this?
Sports Management Marketing Strategy
What are the definite ways you are going to use in order to promote your Sports Management business to your existing and potential patrons. You can also add the costs involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can seek out your customers better. For example if you are using PPC as a technique to target Sports Management clients you could employ long tail keyword search phrases to a certain extent than succinct generic words. This ought to lower your PPC costs as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Sports Management Pricing Strategy
How have you arrived at your 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 implement to get the sound out as regards your services and products to your likely clients - 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 expenditure lower than your rivalry so that you are constantly the cheapest? Do you have a premier site? Are you the first or the only one to provide a product or service? Are you capable of staying ahead of the opposition and if so what enables you to do this? Do you have a good make, trademarks, patents or a licence?
Web Strategy
Are you going to have no website 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 consider long and hard where your business is going to position itself. You can pay a quick visit to this website and get more info regarding putting your Sports Management business online.
Sales Strategy
How are you going to get sales for your Sports Management business in the first place and how are you going to increase or maintain sales as time goes on? How much is each sale going to cost you? Make certain you know what questions to ask of your budding customers and know the answers to likely questions they will ask you. How are you going to make a connection with your customers 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 Sports Management business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
Sports Management Organizational Structure
What is the structure of your business - who is in charge of every department in your company?
Personnel Plan
This ought to be a roll of every 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, short and long term and whether that is expected to change in the future or not.
Sports Management Financial Plan
Will you provide all your own funding or will it be a mixture of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Sports Management Break Even Analysis
How long will it take to get your capital investment back through 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.
Sports Management 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Sports Management Cash Flow
You ought to have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should contain all your critical 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 probable investors.
Exit Strategy
How exactly are you going to sell your Sports Management Business?
Sports Management Business Plan Page 1 | Sports Management Business Plan Page 2
Useful Sports Management Resources
Sports Management Marketing Plan | Sports Management Equipment | Sports Management Online
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