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Strategy and Implementation Summary
What is your universal approach to make your business a success and how will you accomplish this?
Tanning Salon Marketing Strategy
What are the definite methods you are going to exercise in order to market your Tanning Salon business to your existing and likely customers. You can moreover add the expenses involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can seek out your customers better. For example if you are using PPC as a way to go for Tanning Salon clients you may perhaps employ long tail keyword search phrases rather than succinct generic words. This ought to trim down your PPC expenditure as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Tanning Salon Pricing Strategy
What line of attack 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 service to get the sound out about your services and products to your potential customers - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits above your rivals that you can exploit to your advantage? Are you able to keep your expenditure lower than your competitors so that you are always the cheapest? Do you have a prime locality? Are you the pioneer or the only one to supply 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 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 ought to think long and hard where your business is going to position itself. You can pay a visit to this website and get more info regarding putting your Tanning Salon business online.
Sales Strategy
How are you going to acquire sales for your Tanning Salon business in the first place and how are you going to intensify or uphold sales as time goes on? How much is each sale going to cost you? Make sure you know what questions to ask of your prospective patrons and know the answers to likely questions they will ask you. How are you going to build up a bond with your clients to get prospective 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 Tanning Salon business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your company?
Tanning Salon Organizational Structure
What is the hierarchy of your company - who is the manager of each division in your business?
Personnel Plan
This ought to be a list of every person in your business, 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 apt to alter in the future or not.
Tanning Salon Financial Plan
Will you provide all your own funding or will it be an assortment of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Tanning Salon 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 should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Tanning Salon Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Tanning Salon Cash Flow
You should have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to embrace all your chief 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 likely investors.
Exit Strategy
How exactly are you going to sell your Tanning Salon Business?
Tanning Salon Business Plan Page 1 | Tanning Salon Business Plan Page 2
Useful Tanning Salon Resources
Tanning Salon Marketing Plan | Tanning Salon Equipment | Tanning Salon Online
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