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Strategy and Implementation SummaryWhat is your general stratagem to make your business a success and how will you accomplish this? Water Skiing Instructor Marketing StrategyWhat are the actual ways you are going to draw on in order to promote your Water Skiing Instructor business to your existing and would-be patrons. You can in addition add the overheads involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can target your customers better. For instance if you are using PPC as a system to go for Water Skiing Instructor patrons you may perhaps draw on long tail keyword search phrases significantly than short generic words. This ought to shrink your Pay Per Click expenses as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy. Water Skiing Instructor Pricing StrategyHow did you work out your price points 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 StrategyWhat promotion strategies are you going to employ to get the sound out as regards your products and services to your likely patrons - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products? Business Competitive EdgeDo you have some advantage over your opposition that you can exploit to your advantage? Are you able to keep your expenditure lower than your opposition so that you are constantly the cheapest? Do you have a premier place? Are you the original or the only one to provide a service or product? Are you capable of staying in front of the competition and if so what enables you to do this? Do you have a good identification, trademarks, patents or a licence? Web StrategyAre you just going to have nothing 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 need 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 information concerning putting your Water Skiing Instructor business online. Sales StrategyHow are you going to acquire sales for your Water Skiing Instructor business in the first place and how are you going to expand or maintain sales as time goes on? How much is every sale going to cost you? Make sure you know what questions to ask of your would-be customers and know the answers to likely questions they will ask you. How are you going to encourage an affiliation with your patrons 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 Water Skiing Instructor business proposal to assist you. Management SummaryManagement TeamWho are the focal players in your business? Water Skiing Instructor Organizational StructureWhat is the structure of your company - who is the manager of each division within your company? Personnel PlanThis ought to be a register of everybody in your business, 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, short and long term and whether that is apt to change in the future or not. Water Skiing Instructor Financial PlanWill you deliver all your own funding or will it be a combination of your capital, bank loans, or angel investors? Do you need help in writing your financial plan? Water Skiing Instructor Break Even AnalysisHow long will it take to get your investments back in terms of capital outlay by means of 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. Water Skiing Instructor Profit and LossYou 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. Water Skiing Instructor Cash FlowYou should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet. AppendixThis ought to comprise all your critical 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 probable investors. Exit StrategyHow exactly are you going to sell your Water Skiing Instructor Business?
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