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Strategy and Implementation Summary
What is your universal approach to make your business a success and how will you accomplish this?
Patent Service Marketing Strategy
What are the definite ways you are going to employ in order to promote your Patent Service business to your existing and possible clients. You can what's more add the expenses involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your clients better. For instance if you are using PPC as a technique to go for Patent Service customers you could employ long tail keyword search phrases rather than short generic words. This ought to decrease your PPC overheads as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Patent Service Pricing Strategy
What stratagem 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 put into service to get the sound out regarding your services and products to your possible patrons - 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 above your rivalry that you can exploit to your advantage? Are you able to keep your expenditure lower than your competitors so that you are continuously the cheapest? Do you have a superlative place? Are you the originator or the only one to provide a service or product? Are you able to stay in front of the rivalry and if so what enables you to do this? Do you have a good class, 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 deliberate long and hard where your company is going to position itself. You can pay a visit to this website and get more info in relation to putting your Patent Service business online.
Sales Strategy
How are you going to pick up sales for your Patent Service business in the first place and how are you going to expand or uphold sales as time goes on? How much is each sale going to cost you? Make certain you know what questions to ask of your likely customers and know the answers to likely questions they will ask you. How are you going to build an association with your patrons to get prospective 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 Patent Service business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your company?
Patent Service Organizational Structure
What is the hierarchy of your business - who is the manager of each division within your business?
Personnel Plan
This should be a listing of everybody in your business, their pay 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 expected to alter in the future or not.
Patent Service Financial Plan
Will you bring in all your own funding or will it be a fusion of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Patent Service Break Even Analysis
How long will it take to get your capital investment back through sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Patent Service Profit and Loss
You can embody this usually 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Patent Service Cash Flow
You should have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should incorporate all your critical information 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 likely investors.
Exit Strategy
How exactly are you going to sell your Patent Service Business?
Patent Service Business Plan Page 1 | Patent Service Business Plan Page 2
Useful Patent Service Resources
Patent Service Marketing Plan | Patent Service Equipment | Patent Service Online
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