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Strategy and Implementation Summary
What is your general strategy to make your business a winner and how will you complete this?
Wedding Consultant Marketing Strategy
What are the authentic methods you are going to draw on in order to market your Wedding Consultant business to your present and impending patrons. You can also add the expenses involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can target your patrons better. For instance if you are using PPC as a strategy to go for Wedding Consultant clients you might draw on long tail keyword search phrases significantly than short generic words. This should lessen your PPC overheads as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Wedding Consultant Pricing Strategy
How have you arrived at your 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 put into service to get the word out concerning your products and services 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 benefits over your rivalry that you can exploit to your gain? Are you capable of keeping your costs lower than your opposition so that you are at all times the cheapest? Do you have a superior locality? Are you the originator or the only one to provide a service or product? Are you able to stay in front of the rivalry 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 is going to be something in-between these two, and you need to deliberate long and hard where your business is going to position itself. You can go and see this website and get more info in relation to putting your Wedding Consultant business online.
Sales Strategy
How are you going to generate sales for your Wedding Consultant business in the first place and how are you going to intensify or maintain sales as time goes on? How much is each sale going to cost you? Make sure you know what questions to ask of your potential customers and know the answers to likely questions they will ask you. How are you going to put together a rapport with your customers to get prospective 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 Wedding Consultant business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your company?
Wedding Consultant Organizational Structure
What is the hierarchy of your company - who is in charge of each department within your organization?
Personnel Plan
This ought to be a register of everybody in your company, their payment 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 prone to alter in the future or not.
Wedding Consultant Financial Plan
Will you supply all your own funding or will it be a mix of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Wedding Consultant Break Even Analysis
How long will it take to get your capital investment back 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.
Wedding Consultant 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 should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Wedding Consultant Cash Flow
You ought to have tables and charts to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to take account of all your fundamental 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 Wedding Consultant Business?
Wedding Consultant Business Plan Page 1 | Wedding Consultant Business Plan Page 2
Useful Wedding Consultant Resources
Wedding Consultant Marketing Plan | Wedding Consultant Equipment | Wedding Consultant Online
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