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Strategy and Implementation Summary
What is your general stratagem to make your business a winner and how will you go about this?
Hose Couplings and Fittings Service Marketing Strategy
What are the actual ways you are going to draw on in order to market your Hose Couplings and Fittings Service business to your existing and likely clients. You can as well add the expenses involved in doing this and strategies involved in reducing your marketing overheads and how your marketing strategy can target your patrons better. For example if you are using Pay Per Click as a structure to target Hose Couplings and Fittings Service customers you may well use long tail keyword search phrases considerably than short generic words. This should drive down your Pay Per Click outlay as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Hose Couplings and Fittings Service Pricing Strategy
What strategy did you use to get your selling 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 instigate to get the word out concerning your services and products to your would-be customers - 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 competitors that you can exploit to your advantage? Are you able to keep your costs lower than your competition so that you are always the cheapest? Do you have a superlative place? Are you the first 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 identification, 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 scenarios it's going to be something in-between these two, and you need to reason long and hard where your business is going to position itself. You can pay a visit to this website and get more information concerning putting your Hose Couplings and Fittings Service business online.
Sales Strategy
How are you going to generate sales for your Hose Couplings and Fittings Service business in the first place and how are you going to grow or preserve sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your likely clients and know the answers to likely questions they will ask you. How are you going to encourage a connection with your patrons to get yet to come 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 Hose Couplings and Fittings Service business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your business?
Hose Couplings and Fittings Service Organizational Structure
What is the hierarchy of your company - who is in charge of each department in your organization?
Personnel Plan
This should be a roll of every person in your company, 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, long and short term and whether that is apt to alter in the future or not.
Hose Couplings and Fittings Service Financial Plan
Will you contribute all your own funding or will it be an assortment of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Hose Couplings and Fittings Service Break Even Analysis
How long will it take to get your capital investment back 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.
Hose Couplings and Fittings 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 should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Hose Couplings and Fittings Service Cash Flow
You ought to have tables and charts to exhibit your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to bring in all your essential 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 potential investors.
Exit Strategy
How exactly are you going to sell your Hose Couplings and Fittings Service Business?
Hose Couplings and Fittings Service Business Plan Page 1 | Hose Couplings and Fittings Service Business Plan Page 2
Useful Hose Couplings and Fittings Service Resources
Hose Couplings and Fittings Service Marketing Plan | Hose Couplings and Fittings Service Equipment | Hose Couplings and Fittings Service Online
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