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Strategy and Implementation Summary
What is your general approach to make your business a success and how will you realize this?
24 Hour DVD Hire Marketing Strategy
What are the authentic methods you are going to employ in order to promote your 24 Hour DVD Hire business to your present and likely customers. You can what's more add the expenditure involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a means to go for 24 Hour DVD Hire customers you may well draw on long tail keyword search phrases preferably than short generic words. This should slash your PPC outlay as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
24 Hour DVD Hire 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 implement to get the sound out about your services and products to your likely 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 competition that you can exploit to your benefit? Are you capable of keeping your overheads lower than your rivalry so that you are continuously the cheapest? Do you have a premier locality? Are you the pioneer or the only one to supply a product or service? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good name, 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 case it is going to be something in-between these two, and you need to contemplate long and hard where your business is going to position itself. You can go and see this website and get more info in relation to putting your 24 Hour DVD Hire business online.
Sales Strategy
How are you going to generate sales for your 24 Hour DVD Hire business in the first place and how are you going to boost or sustain sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your possible customers and know the answers to likely questions they will ask you. How are you going to develop an affiliation with your clients 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 24 Hour DVD Hire business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
24 Hour DVD Hire Organizational Structure
What is the hierarchy of your company - who is the manager of every division inside your organization?
Personnel Plan
This ought to be a directory of every person in your company, 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, long and short term and whether that is liable to change in the future or not.
24 Hour DVD Hire Financial Plan
Will you deliver all your own funding or will it be a fusion of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
24 Hour DVD Hire Break Even Analysis
How long will it take to get your capital investment back by means of sales of your services and products. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
24 Hour DVD Hire Profit and Loss
You can denote 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.
24 Hour DVD Hire Cash Flow
You ought to have charts and tables to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should incorporate all your fundamental 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 ought to only be given to probable investors.
Exit Strategy
How exactly are you going to sell your 24 Hour DVD Hire Business?
24 Hour DVD Hire Business Plan Page 1 | 24 Hour DVD Hire Business Plan Page 2
Useful 24 Hour DVD Hire Resources
24 Hour DVD Hire Marketing Plan | 24 Hour DVD Hire Equipment | 24 Hour DVD Hire Online
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