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Strategy and Implementation Summary
What is your common stratagem to make your business a success and how will you realize this?
Theme Bar Marketing Strategy
What are the authentic methods you are going to employ in order to promote your Theme Bar business to your present and would-be patrons. You can as well add the expenditure involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can seek out your patrons better. For instance if you are using Pay Per Click as a system to target Theme Bar clients you may well draw on long tail keyword search phrases considerably than short generic words. This should lower your PPC outlay as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Theme Bar 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 instigate to get the sound out concerning your products and services to your potential 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 benefits above your rivals that you can exploit to your benefit? Are you able to keep your overheads lower than your competition so that you are always the cheapest? Do you have a superlative location? Are you the original or the only one to provide a service or product? Are you capable of staying ahead of the rivalry and if so what enables you to do this? Do you have a good make, 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 need to reason long and hard where your business is going to position itself. You can pay a visit to this website and get more info in relation to putting your Theme Bar business online.
Sales Strategy
How are you going to acquire sales for your Theme Bar business in the first place and how are you going to grow or uphold sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your likely clients and know the answers to likely questions they will ask you. How are you going to build up a relationship with your customers to get yet to come 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 Theme Bar business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
Theme Bar Organizational Structure
What is the hierarchy of your business - who is in charge of each department within your business?
Personnel Plan
This ought to be a roll of everyone in your company, their payment 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.
Theme Bar Financial Plan
Will you provide all your own funding or will it be a fusion of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Theme Bar 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.
Theme Bar Profit and Loss
You can denote profit and loss 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Theme Bar Cash Flow
You ought to have charts and tables to demonstrate 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 operate efficiently. 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 Theme Bar Business?
Theme Bar Business Plan Page 1 | Theme Bar Business Plan Page 2
Useful Theme Bar Resources
Theme Bar Marketing Plan | Theme Bar Equipment | Theme Bar Online
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