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Strategy and Implementation Summary
What is your common approach to make your business a success and how will you achieve this?
Tile Store Marketing Strategy
What are the concrete methods you are going to draw on in order to promote your Tile Store business to your existing and possible customers. You can in addition add the expenditure involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can seek out your patrons better. For example if you are using Pay Per Click as a way to go for Tile Store clients you possibly will use long tail keyword search phrases rather than succinct generic words. This ought to condense your PPC expenditure as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Tile Store 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 instigate to get the word out as regards your services and products to your potential 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 advantage above your opposition that you can exploit to your benefit? Are you capable of keeping your expenditure lower than your rivalry so that you are at all times the cheapest? Do you have a superlative place? Are you the originator or the only one to provide a product or service? Are you capable of staying in front of the rivalry and if so what enables you to do this? Do you have a good identification, 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 deliberate long and hard where your business is going to position itself. You can go and see this website and get more info about putting your Tile Store business online.
Sales Strategy
How are you going to acquire sales for your Tile Store business in the first place and how are you going to increase 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 likely patrons and know the answers to likely questions they will ask you. How are you going to build 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 Tile Store business proposal to assist you.
Management Summary
Management Team
Who are the focal players in your company?
Tile Store Organizational Structure
What is the structure of your company - who is in charge of each department within your company?
Personnel Plan
This ought to be a list of everyone 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, short and long term and whether that is prone to change in the future or not.
Tile Store Financial Plan
Will you provide all your own funding or will it be a fusion of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Tile Store 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 graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Tile Store Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Tile Store Cash Flow
You ought to have tables and charts to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to involve all your vital 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Tile Store Business?
Tile Store Business Plan Page 1 | Tile Store Business Plan Page 2
Useful Tile Store Resources
Tile Store Marketing Plan | Tile Store Equipment | Tile Store Online
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