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Strategy and Implementation Summary
What is your universal line of attack to make your business a success and how will you realize this?
TV Repair Service Marketing Strategy
What are the actual ways you are going to use in order to market your TV Repair Service business to your existing and likely patrons. You can as well add the costs involved in doing this and strategies involved in reducing your marketing expenses and how your marketing strategy can target your clients better. For example if you are using Pay Per Click as a means to go for TV Repair Service patrons you might draw on long tail keyword search phrases rather than succinct generic words. This should drive down your PPC expenses as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
TV Repair 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 employ to get the word out about 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 advantage above your opposition that you can exploit to your gain? Are you capable of keeping your outlay lower than your competition so that you are always the cheapest? Do you have a superior place? Are you the first or the only one to supply a service or product? Are you able to stay in front of the competition 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 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 ought 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 with reference to putting your TV Repair Service business online.
Sales Strategy
How are you going to get sales for your TV Repair Service 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 prospective customers and know the answers to likely questions they will ask you. How are you going to develop an association with your clients to get future sales from them? How are you going to scrutinize 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 TV Repair Service business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your business?
TV Repair Service Organizational Structure
What is the hierarchy of your business - who is in charge of every division inside your business?
Personnel Plan
This should be a register of everybody in your business, their pay 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 apt to alter in the future or not.
TV Repair Service Financial Plan
Will you contribute all your own funding or will it be a mixture of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
TV Repair Service Break Even Analysis
How long will it take to get your capital investment back through 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.
TV Repair Service Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.
TV Repair Service Cash Flow
You should have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should take account of 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 should only be given to likely investors.
Exit Strategy
How exactly are you going to sell your TV Repair Service Business?
TV Repair Service Business Plan Page 1 | TV Repair Service Business Plan Page 2
Useful TV Repair Service Resources
TV Repair Service Marketing Plan | TV Repair Service Equipment | TV Repair Service Online
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