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Strategy and Implementation Summary
What is your general approach to make your business a success and how will you achieve this?
Video DVD Rental Store Marketing Strategy
What are the definite ways you are going to draw on in order to promote your Video DVD Rental Store business to your existing and would-be clients. You can as well add the outlay involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can seek out your clients better. For instance if you are using PPC as a system to go for Video DVD Rental Store customers you might draw on long tail keyword search phrases rather than succinct generic words. This should drive down your PPC overheads as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Video DVD Rental Store Pricing Strategy
How have you arrived at your prices for your 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 put into practice to get the word out concerning your services and products to your likely 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 over your rivals that you can exploit to your benefit? Are you able to keep your outlay lower than your competition so that you are continuously the cheapest? Do you have a first-rate locality? Are you the originator or the only one to supply a product or service? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good brand, 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 consider long and hard where your company is going to position itself. You can pay a visit to this website and get more info concerning putting your Video DVD Rental Store business online.
Sales Strategy
How are you going to acquire sales for your Video DVD Rental Store business in the first place and how are you going to increase or maintain sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your likely clients and know the answers to likely questions they will ask you. How are you going to shape a connection with your customers to get prospective 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 Video DVD Rental Store business proposal to assist you.
Management Summary
Management Team
Who are the key players in your business?
Video DVD Rental Store Organizational Structure
What is the structure of your business - who is the manager of each department within your organization?
Personnel Plan
This should be a roll of each person in your company, how much they get 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 prone to change in the future or not.
Video DVD Rental Store Financial Plan
Will you deliver all your own funding or will it be an assortment of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Video DVD Rental Store Break Even Analysis
How long will it take to get your investments back in terms of capital outlay 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.
Video DVD Rental Store Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably these should be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Video DVD Rental Store Cash Flow
You ought to have tables and charts to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to embrace all your chief info 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 impending investors.
Exit Strategy
How exactly are you going to sell your Video DVD Rental Store Business?
Video DVD Rental Store Business Plan Page 1 | Video DVD Rental Store Business Plan Page 2
Useful Video DVD Rental Store Resources
Video DVD Rental Store Marketing Plan | Video DVD Rental Store Equipment | Video DVD Rental Store Online
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