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Strategy and Implementation Summary
What is your general line of attack to make your business a winner and how will you realize this?
Water Well Drilling Service Marketing Strategy
What are the concrete methods you are going to employ in order to market your Water Well Drilling Service business to your existing and possible patrons. You can in addition add the overheads involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your patrons better. For instance if you are using PPC as a approach to go for Water Well Drilling Service patrons you possibly will draw on long tail keyword search phrases significantly than succinct generic words. This ought to lower your Pay Per Click overheads as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Water Well Drilling Service Pricing Strategy
What stratagem did you use to get your selling 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 action to get the word out regarding your services and products to your potential patrons - 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 benefit? Are you capable of keeping your outlay lower than your rivalry so that you are continuously the cheapest? Do you have a superior site? Are you the first or the only one to provide a service or product? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good make, 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 scenarios it's going to be something in-between these two, and you need to reason long and hard where your business is going to position itself. You can pay a quick visit to this website and get more information with reference to putting your Water Well Drilling Service business online.
Sales Strategy
How are you going to acquire sales for your Water Well Drilling Service business in the first place and how are you going to build up or uphold sales as time goes on? How much is each sale going to cost you? Make certain you know what questions to ask of your budding patrons and know the answers to likely questions they will ask you. How are you going to foster a bond with your customers to get yet to come 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 Water Well Drilling Service business proposal to assist you.
Management Summary
Management Team
Who are the most important protagonists in your business?
Water Well Drilling Service Organizational Structure
What is the hierarchy of your business - who is the manager of each division within your company?
Personnel Plan
This should be a roll 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, long and short term and whether that is prone to change in the future or not.
Water Well Drilling Service Financial Plan
Will you supply all your own funding or will it be a mix of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Water Well Drilling Service 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 ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Water Well Drilling Service Profit and Loss
You can denote this usually 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Water Well Drilling Service Cash Flow
You should have tables and charts to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should bring in all your crucial information 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 impending investors.
Exit Strategy
How exactly are you going to sell your Water Well Drilling Service Business?
Water Well Drilling Service Business Plan Page 1 | Water Well Drilling Service Business Plan Page 2
Useful Water Well Drilling Service Resources
Water Well Drilling Service Marketing Plan | Water Well Drilling Service Equipment | Water Well Drilling Service Online
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