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Strategy and Implementation Summary
What is your common approach to make your business a winner and how will you realize this?
Tae Kwon Do Martial Arts School Marketing Strategy
What are the actual ways you are going to employ in order to promote your Tae Kwon Do Martial Arts School business to your present and would-be patrons. You can additionally add the outlay involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can seek out your clients better. For instance if you are using Pay Per Click as a technique to target Tae Kwon Do Martial Arts School patrons you might use long tail keyword search phrases preferably than short generic words. This ought to cut down your Pay Per Click expenditure as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Tae Kwon Do Martial Arts School Pricing Strategy
What stratagem did you use to get your selling 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 action to get the word out regarding your services and products to your possible 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 above your competition that you can exploit to your advantage? Are you able to keep your expenditure lower than your competition so that you are always the cheapest? Do you have a premier locality? Are you the first or the only one to supply a product or service? Are you able to stay ahead of the competition 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 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 ought to deliberate long and hard where your business is going to position itself. You can visit this website and get more info concerning putting your Tae Kwon Do Martial Arts School business online.
Sales Strategy
How are you going to get sales for your Tae Kwon Do Martial Arts School business in the first place and how are you going to boost or preserve sales as time goes on? How much is each sale going to cost you? Make sure you know what questions to ask of your would-be patrons and know the answers to likely questions they will ask you. How are you going to encourage a bond with your customers to get future 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 Tae Kwon Do Martial Arts School business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your company?
Tae Kwon Do Martial Arts School Organizational Structure
What is the hierarchy of your company - who is the manager of each division within your business?
Personnel Plan
This ought to be a list of every person in your company, their salary 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.
Tae Kwon Do Martial Arts School Financial Plan
Will you deliver all your own funding or will it be a mixture of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Tae Kwon Do Martial Arts School 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 a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Tae Kwon Do Martial Arts School Profit and Loss
You can embody this usually in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Tae Kwon Do Martial Arts School 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 should comprise all your essential 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 probable investors.
Exit Strategy
How exactly are you going to sell your Tae Kwon Do Martial Arts School Business?
Tae Kwon Do Martial Arts School Business Plan Page 1 | Tae Kwon Do Martial Arts School Business Plan Page 2
Useful Tae Kwon Do Martial Arts School Resources
Tae Kwon Do Martial Arts School Marketing Plan | Tae Kwon Do Martial Arts School Equipment | Tae Kwon Do Martial Arts School Online
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