 |
 |
|
|
 |
Strategy and Implementation Summary
What is your general strategy to make your business a winner and how will you accomplish this?
Steak House Marketing Strategy
What are the genuine methods you are going to exercise in order to promote your Steak House business to your present and probable patrons. You can as well add the outlay involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your clients better. For example if you are using Pay Per Click as a procedure to target Steak House patrons you possibly will use long tail keyword search phrases considerably than succinct generic words. This should drive down your Pay Per Click overheads as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Steak House 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 put into operation to get the sound out concerning your products and services to your would-be customers - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your competitors that you can exploit to your benefit? Are you capable of keeping your expenditure lower than your rivals so that you are always the cheapest? Do you have a premier position? Are you the first or the only one to provide a service or product? Are you capable of staying in front of the opposition and if so what enables you to do this? Do you have a good identifying mark, 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 is 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 pay a quick visit to this website and get more info in relation to putting your Steak House business online.
Sales Strategy
How are you going to pick up sales for your Steak House business in the first place and how are you going to boost or sustain sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your likely clients and know the answers to likely questions they will ask you. How are you going to encourage an association with your clients to get yet to come 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 Steak House business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
Steak House Organizational Structure
What is the structure of your business - who is the manager of each division inside your business?
Personnel Plan
This should be a list of every person in your company, their remuneration 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 apt to alter in the future or not.
Steak House Financial Plan
Will you bring in all your own funding or will it be a combination of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Steak House Break Even Analysis
How long will it take to get your capital investment back through sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Steak House Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Steak House Cash Flow
You should have charts and tables to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should add in all your fundamental info which makes your business operate efficiently. 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Steak House Business?
Steak House Business Plan Page 1 | Steak House Business Plan Page 2
Useful Steak House Resources
Steak House Marketing Plan | Steak House Equipment | Steak House Online
Find a different business plan...