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Strategy and Implementation Summary
What is your universal line of attack to make your business a winner and how will you accomplish this?
Tool and Die Maker Marketing Strategy
What are the definite methods you are going to use in order to market your Tool and Die Maker business to your existing and potential customers. You can what's more add the outlay involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can target your customers better. For instance if you are using PPC as a means to go for Tool and Die Maker customers you possibly will draw on long tail keyword search phrases preferably than succinct generic words. This should bring down your PPC expenses as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Tool and Die Maker Pricing Strategy
How did you work out your price points 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 implement to get the word out about your services and products to your possible patrons - are you going to do media releases, run 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 gain? Are you able to keep your expenses lower than your opposition so that you are continually the cheapest? Do you have a first-rate location? Are you the pioneer or the only one to provide a product or service? Are you able to stay ahead 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'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 go and see this website and get more information regarding putting your Tool and Die Maker business online.
Sales Strategy
How are you going to pick up sales for your Tool and Die Maker business in the first place and how are you going to increase or uphold sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your budding clients and know the answers to likely questions they will ask you. How are you going to shape a relationship with your patrons to get future 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 Tool and Die Maker business proposal to assist you.
Management Summary
Management Team
Who are the most important protagonists in your business?
Tool and Die Maker Organizational Structure
What is the structure of your company - who is the manager of every division in your organization?
Personnel Plan
This ought to be a record of every person in your company, their wage 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 likely to change in the future or not.
Tool and Die Maker Financial Plan
Will you bring in all your own funding or will it be an assortment of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Tool and Die Maker 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 a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Tool and Die Maker Profit and Loss
You can embody 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.
Tool and Die Maker Cash Flow
You ought to have tables and charts to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should involve all your key 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 probable investors.
Exit Strategy
How exactly are you going to sell your Tool and Die Maker Business?
Tool and Die Maker Business Plan Page 1 | Tool and Die Maker Business Plan Page 2
Useful Tool and Die Maker Resources
Tool and Die Maker Marketing Plan | Tool and Die Maker Equipment | Tool and Die Maker Online
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