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Strategy and Implementation Summary
What is your general stratagem to make your business a winner and how will you complete this?
Tae Kwon Do School Marketing Strategy
What are the definite ways you are going to exercise in order to market your Tae Kwon Do School business to your existing and prospective customers. You can furthermore add the outlay involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can target your clients better. For example if you are using Pay Per Click as a means to go for Tae Kwon Do School patrons you may perhaps employ long tail keyword search phrases preferably than short generic words. This should bring down your Pay Per Click outlay as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Tae Kwon Do School Pricing Strategy
What stratagem did you use to get your selling 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 practice to get the word out as regards your services and products to your would-be 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 benefits above your competition that you can exploit to your gain? Are you able to keep your costs lower than your rivals so that you are constantly the cheapest? Do you have a premier place? Are you the pioneer or the only one to provide 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 name, trademarks, patents or a licence?
Web Strategy
Are you just going to have nothing 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 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 Tae Kwon Do School business online.
Sales Strategy
How are you going to pick up sales for your Tae Kwon Do School business in the first place and how are you going to intensify or maintain sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your would-be clients and know the answers to likely questions they will ask you. How are you going to create a connection with your customers to get yet to come 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 Tae Kwon Do School business proposal to assist you.
Management Summary
Management Team
Who are the key protagonists in your company?
Tae Kwon Do School Organizational Structure
What is the hierarchy of your company - who is the manager of each department within your company?
Personnel Plan
This ought to be a directory of everybody in your company, 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, long and short term and whether that is prone to alter in the future or not.
Tae Kwon Do School Financial Plan
Will you bring in 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?
Tae Kwon Do 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 ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Tae Kwon Do School Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Observably 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 School Cash Flow
You should have tables and charts to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should include all your important information 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 potential investors.
Exit Strategy
How exactly are you going to sell your Tae Kwon Do School Business?
Tae Kwon Do School Business Plan Page 1 | Tae Kwon Do School Business Plan Page 2
Useful Tae Kwon Do School Resources
Tae Kwon Do School Marketing Plan | Tae Kwon Do School Equipment | Tae Kwon Do School Online
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