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Strategy and Implementation Summary
What is your general strategy to make your business a winner and how will you accomplish this?
Water Bed Repair Service Marketing Strategy
What are the real methods you are going to exercise in order to promote your Water Bed Repair Service business to your existing and probable customers. You can moreover add the overheads involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can target your clients better. For example if you are using PPC as a technique to target Water Bed Repair Service patrons you might draw on long tail keyword search phrases considerably than short generic words. This ought to diminish your Pay Per Click expenses as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Water Bed Repair Service 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 instigate to get the word out as regards your services and products to your potential customers - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits above your competition that you can exploit to your gain? Are you able to keep your overheads lower than your competition so that you are constantly the cheapest? Do you have a prime site? Are you the first or the only one to provide a product or service? Are you capable of staying ahead of the competition and if so what enables you to do this? Do you have a good identification, 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 think long and hard where your company is going to position itself. You can visit this website and get more information in relation to putting your Water Bed Repair Service business online.
Sales Strategy
How are you going to generate sales for your Water Bed Repair Service business in the first place and how are you going to increase or maintain sales as time goes on? How much is each sale 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 develop a connection with your customers to get yet to come 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 Water Bed Repair Service business proposal to assist you.
Management Summary
Management Team
Who are the most important players in your company?
Water Bed Repair Service Organizational Structure
What is the hierarchy of your company - who is in charge of each division in your organization?
Personnel Plan
This should be a record of everyone in your company, 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 liable to alter in the future or not.
Water Bed Repair Service Financial Plan
Will you bring all your own funding or will it be a blend of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Water Bed Repair Service Break Even Analysis
How long will it take to get your capital investment back by means of sales of your services and products. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Water Bed 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. Obviously 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.
Water Bed Repair Service Cash Flow
You should have charts and tables to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should add in all your necessary 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 impending investors.
Exit Strategy
How exactly are you going to sell your Water Bed Repair Service Business?
Water Bed Repair Service Business Plan Page 1 | Water Bed Repair Service Business Plan Page 2
Useful Water Bed Repair Service Resources
Water Bed Repair Service Marketing Plan | Water Bed Repair Service Equipment | Water Bed Repair Service Online
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