 |
 |
|
|
 |
Strategy and Implementation Summary
What is your general approach to make your business a success and how will you attain this?
Well Drilling Service Marketing Strategy
What are the concrete methods you are going to use in order to market your Well Drilling Service business to your existing and likely clients. You can as well add the costs involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can seek out your clients better. For instance if you are using Pay Per Click as a way to target Well Drilling Service clients you possibly will draw on long tail keyword search phrases preferably than succinct generic words. This should shrink your Pay Per Click expenditure as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Well Drilling Service Pricing Strategy
How did you work out your price points 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 action to get the word out about your services and products to your potential clients - 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 competitors so that you are continuously the cheapest? Do you have a first-rate place? Are you the original or the only one to supply a product or service? Are you able to stay ahead of the competition and if so what enables you to do this? Do you have a good brand, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatsoever 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 contemplate long and hard where your business is going to position itself. You can go and see this website and get more info with reference to putting your Well Drilling Service business online.
Sales Strategy
How are you going to get sales for your Well Drilling Service business in the first place and how are you going to expand or sustain sales as time goes on? How much is every 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 an affiliation with your clients to get yet to come 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 Well Drilling Service business proposal to assist you.
Management Summary
Management Team
Who are the focal protagonists in your business?
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 ought to be a listing 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, long and short term and whether that is prone to change in the future or not.
Well Drilling Service Financial Plan
Will you contribute 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?
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.
Well Drilling Service Profit and Loss
You can represent 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Well Drilling Service Cash Flow
You should have charts and tables to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to include all your important information 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 ought to only be given to likely investors.
Exit Strategy
How exactly are you going to sell your Well Drilling Service Business?
Well Drilling Service Business Plan Page 1 | Well Drilling Service Business Plan Page 2
Useful Well Drilling Service Resources
Well Drilling Service Marketing Plan | Well Drilling Service Equipment | Well Drilling Service Online
Find a different business plan...