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Strategy and Implementation Summary
What is your common line of attack to make your business a winner and how will you accomplish this?
Tape Recording Service Marketing Strategy
What are the tangible ways you are going to employ in order to market your Tape Recording Service business to your present and prospective customers. You can additionally add the overheads involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your customers better. For instance if you are using Pay Per Click as a method to go for Tape Recording Service patrons you may well use long tail keyword search phrases considerably than short generic words. This ought to cut down your PPC overheads as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Tape Recording Service 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 sound out as regards your products and services to your likely patrons - 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 competitors that you can exploit to your gain? Are you able to keep your expenditure lower than your opposition so that you are continually the cheapest? Do you have a premier site? Are you the first or the only one to provide a product or service? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good name, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatsoever 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 company is going to position itself. You can visit this website and get more information regarding putting your Tape Recording Service business online.
Sales Strategy
How are you going to get sales for your Tape Recording Service business in the first place and how are you going to expand or maintain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your prospective customers and know the answers to likely questions they will ask you. How are you going to shape an association with your clients 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 Tape Recording Service business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
Tape Recording Service Organizational Structure
What is the hierarchy of your company - who is in charge of each department within your organization?
Personnel Plan
This should be a directory of everyone in your business, 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, short and long term and whether that is liable to alter in the future or not.
Tape Recording Service Financial Plan
Will you contribute all your own funding or will it be an assortment of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Tape Recording Service Break Even Analysis
How long will it take to get your capital investment back by means of sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Tape Recording Service Profit and Loss
You can represent this usually 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Tape Recording Service Cash Flow
You ought to have tables and charts to exhibit your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to contain all your chief information 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 likely investors.
Exit Strategy
How exactly are you going to sell your Tape Recording Service Business?
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Useful Tape Recording Service Resources
Tape Recording Service Marketing Plan | Tape Recording Service Equipment | Tape Recording Service Online
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