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Strategy and Implementation Summary
What is your common approach to make your business a success and how will you achieve this?
Oxyacetylene Welding Marketing Strategy
What are the concrete ways you are going to exercise in order to market your Oxyacetylene Welding business to your existing and possible customers. You can also add the expenses involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a procedure to target Oxyacetylene Welding customers you could draw on long tail keyword search phrases considerably than short generic words. This ought to cut down your Pay Per Click costs as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Oxyacetylene Welding 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 employ to get the sound out as regards your products and services to your potential patrons - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your opposition that you can exploit to your advantage? Are you able to keep your costs lower than your competitors so that you are continuously the cheapest? Do you have a first-rate locality? Are you the first or the only one to supply a product or service? Are you able to stay ahead of the rivalry 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 whatever 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 deliberate 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 Oxyacetylene Welding business online.
Sales Strategy
How are you going to pick up sales for your Oxyacetylene Welding business in the first place and how are you going to boost or uphold sales as time goes on? How much is each sale going to cost you? Make sure 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 build a relationship with your patrons to get future sales from them? How are you going to check 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 Oxyacetylene Welding business proposal to assist you.
Management Summary
Management Team
Who are the major players in your company?
Oxyacetylene Welding Organizational Structure
What is the structure of your company - who is in charge of every department inside your business?
Personnel Plan
This should be a listing of everyone in your business, their wage 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.
Oxyacetylene Welding Financial Plan
Will you supply all your own funding or will it be a fusion of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Oxyacetylene Welding Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your services and products. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Oxyacetylene Welding Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously these should be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Oxyacetylene Welding 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 involve all your important info 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 should only be given to likely investors.
Exit Strategy
How exactly are you going to sell your Oxyacetylene Welding Business?
Oxyacetylene Welding Business Plan Page 1 | Oxyacetylene Welding Business Plan Page 2
Useful Oxyacetylene Welding Resources
Oxyacetylene Welding Marketing Plan | Oxyacetylene Welding Equipment | Oxyacetylene Welding Online
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