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Strategy and Implementation Summary
What is your universal approach to make your business a winner and how will you achieve this?
Wood Flooring Marketing Strategy
What are the authentic methods you are going to exercise in order to promote your Wood Flooring business to your existing and impending patrons. You can what's more add the overheads involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a means to go for Wood Flooring patrons you possibly will use long tail keyword search phrases preferably than succinct generic words. This ought to condense your PPC expenses as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Wood Flooring Pricing Strategy
How 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 Strategy
What promotion strategies are you going to employ to get the sound out regarding your products and services to your possible clients - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage above your rivalry that you can exploit to your benefit? Are you capable of keeping your costs lower than your rivalry so that you are continuously the cheapest? Do you have a first-class place? Are you the original or the only one to supply a product or service? Are you capable of staying in front of the opposition 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 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 on the subject of putting your Wood Flooring business online.
Sales Strategy
How are you going to get sales for your Wood Flooring business in the first place and how are you going to grow or uphold sales as time goes on? How much are your sales 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 develop a rapport with your clients to get future 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 Wood Flooring business proposal to assist you.
Management Summary
Management Team
Who are the central players in your business?
Wood Flooring Organizational Structure
What is the structure of your business - who is in charge of every division within your company?
Personnel Plan
This should be a directory of every person in your company, how much they are 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 alter in the future or not.
Wood Flooring Financial Plan
Will you bring in all your own funding or will it be an assortment of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Wood Flooring Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Wood Flooring Profit and Loss
You can represent 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.
Wood Flooring 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 add in all your essential info which makes your business tick. 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 should only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Wood Flooring Business?
Wood Flooring Business Plan Page 1 | Wood Flooring Business Plan Page 2
Useful Wood Flooring Resources
Wood Flooring Marketing Plan | Wood Flooring Equipment | Wood Flooring Online
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