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Strategy and Implementation Summary
What is your general strategy to make your business a success and how will you go about this?
Street Dance Lesson Marketing Strategy
What are the real ways you are going to use in order to promote your Street Dance Lesson business to your present and would-be patrons. You can furthermore add the expenses involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your clients better. For instance if you are using PPC as a system to target Street Dance Lesson clients you might use long tail keyword search phrases significantly than short generic words. This ought to slash your Pay Per Click expenditure as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Street Dance Lesson 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 put into operation to get the word out regarding your products and services 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 opposition that you can exploit to your benefit? Are you able to keep your overheads lower than your competition so that you are at all times the cheapest? Do you have a prime place? Are you the pioneer or the only one to supply a service or product? Are you capable of staying 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 going to have no website 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 ought to contemplate long and hard where your business is going to position itself. You can pay a visit to this website and get more information as regards putting your Street Dance Lesson business online.
Sales Strategy
How are you going to acquire sales for your Street Dance Lesson business in the first place and how are you going to increase or maintain sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your potential customers and know the answers to likely questions they will ask you. How are you going to shape a connection with your patrons 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 Street Dance Lesson business proposal to assist you.
Management Summary
Management Team
Who are the key players in your business?
Street Dance Lesson Organizational Structure
What is the structure of your business - who is in charge of each department in your business?
Personnel Plan
This should be a roll of everybody 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 expected to change in the future or not.
Street Dance Lesson Financial Plan
Will you provide all your own funding or will it be a blend of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Street Dance Lesson Break Even Analysis
How long will it take to get your investments back in terms of capital outlay 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.
Street Dance Lesson Profit and Loss
You can embody this usually 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Street Dance Lesson Cash Flow
You should have charts and tables to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should consist of all your vital 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 should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Street Dance Lesson Business?
Street Dance Lesson Business Plan Page 1 | Street Dance Lesson Business Plan Page 2
Useful Street Dance Lesson Resources
Street Dance Lesson Marketing Plan | Street Dance Lesson Equipment | Street Dance Lesson Online
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