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Strategy and Implementation Summary
What is your universal approach to make your business a winner and how will you accomplish this?
Art Retail Marketing Strategy
What are the definite methods you are going to exercise in order to promote your Art Retail business to your existing and possible patrons. You can moreover add the expenses involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your patrons better. For example if you are using PPC as a technique to target Art Retail patrons you may perhaps employ long tail keyword search phrases preferably than short generic words. This ought to cut down your PPC overheads as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Art Retail 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 execute to get the word out regarding your products and services to your possible clients - 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 gain? Are you capable of keeping your expenditure lower than your rivalry so that you are continually the cheapest? Do you have a superior location? Are you the first or the only one to provide a service or product? 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 just going to have nothing at all 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 need to reason long and hard where your company is going to position itself. You can pay a quick visit to this website and get more information regarding putting your Art Retail business online.
Sales Strategy
How are you going to generate sales for your Art Retail business in the first place and how are you going to intensify or maintain sales as time goes on? How much is each sale going to cost you? Make sure you know what questions to ask of your potential clients and know the answers to likely questions they will ask you. How are you going to foster an association with your clients 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 Art Retail business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your company?
Art Retail Organizational Structure
What is the structure of your business - who is in charge of each department in your organization?
Personnel Plan
This ought to be a list of everyone in your business, their payment 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 change in the future or not.
Art Retail Financial Plan
Will you contribute all your own funding or will it be a mix of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Art Retail 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 a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Art Retail 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.
Art Retail Cash Flow
You should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your important information which makes your business tick. 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 impending investors.
Exit Strategy
How exactly are you going to sell your Art Retail Business?
Art Retail Business Plan Page 1 | Art Retail Business Plan Page 2
Useful Art Retail Resources
Art Retail Marketing Plan | Art Retail Equipment | Art Retail Online
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