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Strategy and Implementation Summary
What is your universal approach to make your business a winner and how will you achieve this?
Used Lumber Store Marketing Strategy
What are the actual ways you are going to use in order to promote your Used Lumber Store business to your existing and probable patrons. You can as well add the outlay involved in doing this and strategies involved in reducing your marketing expenses and how your marketing strategy can seek out your customers better. For example if you are using Pay Per Click as a procedure to target Used Lumber Store clients you may well use long tail keyword search phrases significantly than short generic words. This should reduce your PPC costs as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Used Lumber Store Pricing Strategy
What policy did you use to get your selling 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 instigate to get the sound out concerning your products and services to your would-be 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 benefits over your opposition that you can exploit to your advantage? Are you able to keep your overheads lower than your opposition so that you are constantly the cheapest? Do you have a premier place? Are you the originator or the only one to supply a product or service? Are you able to stay in front of the rivalry and if so what enables you to do this? Do you have a good identifying mark, 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 contemplate long and hard where your company is going to position itself. You can go and see this website and get more information as regards putting your Used Lumber Store business online.
Sales Strategy
How are you going to acquire sales for your Used Lumber Store business in the first place and how are you going to expand 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 budding customers and know the answers to likely questions they will ask you. How are you going to build up an affiliation with your clients 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 Used Lumber Store business proposal to assist you.
Management Summary
Management Team
Who are the most important players in your company?
Used Lumber Store Organizational Structure
What is the hierarchy of your company - who is the manager of every department in your business?
Personnel Plan
This should be a roll of everyone in your business, how much they are 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, long and short term and whether that is apt to alter in the future or not.
Used Lumber Store Financial Plan
Will you contribute all your own funding or will it be a blend of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Used Lumber 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 ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Used Lumber Store Profit and Loss
You can embody 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Used Lumber 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 take account of all your fundamental info 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 ought to only be given to would-be investors.
Exit Strategy
How exactly are you going to sell your Used Lumber Store Business?
Used Lumber Store Business Plan Page 1 | Used Lumber Store Business Plan Page 2
Useful Used Lumber Store Resources
Used Lumber Store Marketing Plan | Used Lumber Store Equipment | Used Lumber Store Online
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