Free Art Shop Business Plan
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Strategy and Implementation Summary

What is your general stratagem to make your business a winner and how will you achieve this?

Art Shop Marketing Strategy

What are the genuine ways you are going to draw on in order to market your Art Shop business to your existing and potential customers. You can as well add the outlay involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can seek out your clients better. For instance if you are using PPC as a technique to go for Art Shop customers you may draw on long tail keyword search phrases significantly than succinct generic words. This ought to decrease your PPC costs as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.

Art Shop Pricing Strategy

How have you arrived at your 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 instigate to get the word out about your services and products to your likely clients - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?

Business Competitive Edge

Do you have some advantage over your opposition that you can exploit to your benefit? Are you able to keep your overheads lower than your competition so that you are at all times the cheapest? Do you have a first-class site? Are you the originator or the only one to provide a service or product? Are you able to stay ahead of the opposition 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 case it's 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 info in relation to putting your Art Shop business online.

Sales Strategy

How are you going to acquire sales for your Art Shop business in the first place and how are you going to expand or preserve sales as time goes on? How much are your sales going to cost you? Make definite 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 make an association with your patrons to get yet to come sales from them? How are you going to monitor 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 Shop business proposal to assist you.

Management Summary

Management Team

Who are the central protagonists in your company?

Art Shop Organizational Structure

What is the structure of your company - who is the manager of each department in your organization?

Personnel Plan

This should be a listing of each person 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 alter in the future or not.

Art Shop 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?

Art Shop 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.

Art Shop Profit and Loss

You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.

Art Shop Cash Flow

You should 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 vital info 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 ought to only be given to impending investors.

Exit Strategy

How exactly are you going to sell your Art Shop Business?

Art Shop Business Plan Page 1 | Art Shop Business Plan Page 2

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Useful Art Shop Resources

Art Shop Marketing Plan | Art Shop Equipment | Art Shop Online

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