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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?
Dance Instructor Marketing Strategy
What are the concrete methods you are going to draw on in order to promote your Dance Instructor business to your existing and probable clients. You can in addition add the expenses involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your clients better. For example if you are using Pay Per Click as a way to target Dance Instructor customers you could employ long tail keyword search phrases considerably than succinct generic words. This should lessen your Pay Per Click expenses as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Dance Instructor Pricing Strategy
What strategy 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 service to get the word out concerning your services and products to your possible 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 advantage above your opposition that you can exploit to your gain? Are you able to keep your costs lower than your competition so that you are constantly the cheapest? Do you have a first-class position? Are you the pioneer or the only one to provide a service or product? Are you capable of staying ahead of the rivalry 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 whatsoever or an all singing and dancing website with bells and whistles on? In most scenarios it is going to be something in-between these two, and you ought to think long and hard where your company is going to position itself. You can go and see this website and get more information as regards putting your Dance Instructor business online.
Sales Strategy
How are you going to get sales for your Dance Instructor business in the first place and how are you going to build up or maintain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your budding customers and know the answers to likely questions they will ask you. How are you going to develop an association with your patrons 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 Dance Instructor business proposal to assist you.
Management Summary
Management Team
Who are the core protagonists in your business?
Dance Instructor Organizational Structure
What is the structure of your business - who is the manager of every division within your company?
Personnel Plan
This should be a directory of everyone in your business, their remuneration 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.
Dance Instructor Financial Plan
Will you supply all your own funding or will it be a blend of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Dance Instructor Break Even Analysis
How long will it take to get your capital investment back by means of sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Dance Instructor Profit and Loss
You can denote profit and loss 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Dance Instructor 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 embrace all your necessary 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Dance Instructor Business?
Dance Instructor Business Plan Page 1 | Dance Instructor Business Plan Page 2
Useful Dance Instructor Resources
Dance Instructor Marketing Plan | Dance Instructor Equipment | Dance Instructor Online
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