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Strategy and Implementation Summary
What is your common line of attack to make your business a success and how will you complete this?
Racquetball Club Marketing Strategy
What are the concrete methods you are going to exercise in order to market your Racquetball Club business to your present and impending customers. You can what's more add the expenses involved in doing this and strategies involved in reducing your marketing overheads and how your marketing strategy can seek out your customers better. For example if you are using Pay Per Click as a system to go for Racquetball Club customers you may well use long tail keyword search phrases preferably than short generic words. This should diminish your PPC outlay as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Racquetball Club Pricing Strategy
What stratagem 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 employ to get the sound out about your services and products to your potential 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 benefits 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 at all times the cheapest? Do you have a superior locality? Are you the original or the only one to provide a product or service? Are you able to stay in front of the competition and if so what enables you to do this? Do you have a good name, 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 deliberate long and hard where your business is going to position itself. You can pay a quick visit to this website and get more information regarding putting your Racquetball Club business online.
Sales Strategy
How are you going to pick up sales for your Racquetball Club business in the first place and how are you going to intensify or sustain sales as time goes on? How much is every sale going to cost you? Make sure you know what questions to ask of your would-be patrons and know the answers to likely questions they will ask you. How are you going to build a bond with your patrons to get yet to come sales from them? How are you going to observe 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 Racquetball Club business proposal to assist you.
Management Summary
Management Team
Who are the chief players in your company?
Racquetball Club Organizational Structure
What is the structure of your business - who is the manager of each department in your organization?
Personnel Plan
This should be a register of everyone in your business, 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, short and long term and whether that is likely to change in the future or not.
Racquetball Club Financial Plan
Will you bring all your own funding or will it be a fusion of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Racquetball Club Break Even Analysis
How long will it take to get your capital investment back by means of 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.
Racquetball Club Profit and Loss
You can embody profit and loss 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Racquetball Club Cash Flow
You should have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should incorporate all your central information 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 likely investors.
Exit Strategy
How exactly are you going to sell your Racquetball Club Business?
Racquetball Club Business Plan Page 1 | Racquetball Club Business Plan Page 2
Useful Racquetball Club Resources
Racquetball Club Marketing Plan | Racquetball Club Equipment | Racquetball Club Online
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