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Strategy and Implementation Summary
What is your common line of attack to make your business a success and how will you achieve this?
Used Furniture Shop Marketing Strategy
What are the genuine methods you are going to draw on in order to promote your Used Furniture Shop business to your existing and would-be patrons. You can what's more add the expenses involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can seek out your patrons better. For instance if you are using Pay Per Click as a strategy to go for Used Furniture Shop patrons you may well use long tail keyword search phrases preferably than short generic words. This should bring down your PPC expenditure as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Used Furniture Shop Pricing Strategy
How did you work out your price points 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 practice to get the word out about your products and services to your likely customers - 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 over your competitors that you can exploit to your gain? Are you able to keep your costs lower than your opposition so that you are continually the cheapest? Do you have a superior locality? Are you the first or the only one to provide a product or service? Are you able to stay in front of the opposition 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's going to be something in-between these two, and you ought to reason long and hard where your company is going to position itself. You can pay a quick visit to this website and get more info as regards putting your Used Furniture Shop business online.
Sales Strategy
How are you going to acquire sales for your Used Furniture Shop business in the first place and how are you going to grow or sustain 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 foster a relationship with your customers to get prospective sales from them? How are you going to check 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 Used Furniture Shop business proposal to assist you.
Management Summary
Management Team
Who are the major players in your business?
Used Furniture Shop Organizational Structure
What is the structure of your company - who is in charge of each department inside your company?
Personnel Plan
This ought to be a roll of everyone in your company, 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.
Used Furniture Shop Financial Plan
Will you bring 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?
Used Furniture Shop Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Used Furniture Shop 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Used Furniture Shop Cash Flow
You should have charts and tables to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should add in all your chief info 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 potential investors.
Exit Strategy
How exactly are you going to sell your Used Furniture Shop Business?
Used Furniture Shop Business Plan Page 1 | Used Furniture Shop Business Plan Page 2
Useful Used Furniture Shop Resources
Used Furniture Shop Marketing Plan | Used Furniture Shop Equipment | Used Furniture Shop Online
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