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Strategy and Implementation Summary
What is your common stratagem to make your business a success and how will you go about this?
Wedding Gown Preservation Service Marketing Strategy
What are the authentic ways you are going to exercise in order to promote your Wedding Gown Preservation Service business to your existing and possible clients. You can in addition add the outlay involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can seek out your patrons better. For example if you are using Pay Per Click as a strategy to go for Wedding Gown Preservation Service patrons you might employ long tail keyword search phrases rather than succinct generic words. This ought to decrease your Pay Per Click overheads as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Wedding Gown Preservation 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 put into service to get the word out about 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 advantage above your competitors that you can exploit to your benefit? Are you able to keep your costs lower than your competitors so that you are continuously the cheapest? Do you have a premier place? Are you the pioneer or the only one to provide a service or product? Are you able to stay ahead of the rivalry and if so what enables you to do this? Do you have a good class, 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 need to consider long and hard where your company is going to position itself. You can pay a quick visit to this website and get more information with reference to putting your Wedding Gown Preservation Service business online.
Sales Strategy
How are you going to pick up sales for your Wedding Gown Preservation 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 sure 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 build up a rapport with your clients to get prospective sales from them? How are you going to monitor 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 Gown Preservation Service business proposal to assist you.
Management Summary
Management Team
Who are the chief protagonists in your business?
Wedding Gown Preservation Service Organizational Structure
What is the structure of your business - who is in charge of every department within your organization?
Personnel Plan
This should be a list of each person 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 expected to alter in the future or not.
Wedding Gown Preservation Service Financial Plan
Will you bring in all your own funding or will it be a mix of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Wedding Gown Preservation Service Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Wedding Gown Preservation Service Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Wedding Gown Preservation Service 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 add in all your vital 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 likely investors.
Exit Strategy
How exactly are you going to sell your Wedding Gown Preservation Service Business?
Wedding Gown Preservation Service Business Plan Page 1 | Wedding Gown Preservation Service Business Plan Page 2
Useful Wedding Gown Preservation Service Resources
Wedding Gown Preservation Service Marketing Plan | Wedding Gown Preservation Service Equipment | Wedding Gown Preservation Service Online
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