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Strategy and Implementation Summary
What is your common approach to make your business a winner and how will you attain this?
Tire Store Marketing Strategy
What are the authentic ways you are going to draw on in order to market your Tire Store business to your existing and would-be patrons. You can as well add the expenditure involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a approach to target Tire Store clients you possibly will draw on long tail keyword search phrases rather than short generic words. This should lower your Pay Per Click expenses as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Tire Store 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 regarding your products and services to your likely 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 over your rivals that you can exploit to your gain? Are you able to keep your expenditure lower than your rivals so that you are at all times the cheapest? Do you have a superior location? Are you the original or the only one to supply 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 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 is going to be something in-between these two, and you need to consider long and hard where your company is going to position itself. You can go and see this website and get more info on the subject of putting your Tire Store business online.
Sales Strategy
How are you going to acquire sales for your Tire Store business in the first place and how are you going to boost or maintain sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your budding customers and know the answers to likely questions they will ask you. How are you going to foster a relationship with your patrons 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 Tire Store business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your company?
Tire Store Organizational Structure
What is the structure of your business - who is the manager of each department in your organization?
Personnel Plan
This should be a list of every person in your business, their remuneration 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 expected to alter in the future or not.
Tire Store Financial Plan
Will you bring all your own funding or will it be a combination of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Tire Store Break Even Analysis
How long will it take to get your capital investment back through 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.
Tire Store Profit and Loss
You can represent profit and loss 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Tire Store Cash Flow
You ought to have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should involve all your central information which makes your business tick. 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 should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Tire Store Business?
Tire Store Business Plan Page 1 | Tire Store Business Plan Page 2
Useful Tire Store Resources
Tire Store Marketing Plan | Tire Store Equipment | Tire Store Online
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