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Strategy and Implementation Summary
What is your universal strategy to make your business a winner and how will you go about this?
Auto Accessories Store Marketing Strategy
What are the tangible methods you are going to employ in order to market your Auto Accessories Store business to your present and potential customers. You can as well add the costs involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your patrons better. For instance if you are using PPC as a approach to go for Auto Accessories Store customers you might draw on long tail keyword search phrases considerably than succinct generic words. This should lessen your Pay Per Click overheads as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Auto Accessories Store 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 implement to get the word out as regards your products and services to your possible 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 above your competitors that you can exploit to your advantage? Are you capable of keeping your expenditure lower than your competition so that you are at all times the cheapest? Do you have a superlative position? Are you the original or the only one to supply a product or service? Are you capable of staying in front of the competition and if so what enables you to do this? Do you have a good class, 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's going to be something in-between these two, and you ought to contemplate long and hard where your company is going to position itself. You can visit this website and get more information on the subject of putting your Auto Accessories Store business online.
Sales Strategy
How are you going to generate sales for your Auto Accessories Store business in the first place and how are you going to boost or uphold sales as time goes on? How much is every sale going to cost you? Make certain you know what questions to ask of your likely clients and know the answers to likely questions they will ask you. How are you going to build an association with your patrons 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 Auto Accessories Store business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your company?
Auto Accessories Store Organizational Structure
What is the hierarchy of your business - who is the manager of every department inside your company?
Personnel Plan
This should be a record of everybody 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, long and short term and whether that is liable to alter in the future or not.
Auto Accessories Store Financial Plan
Will you contribute all your own funding or will it be a combination of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Auto Accessories Store Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Auto Accessories Store Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Auto Accessories Store Cash Flow
You should have charts and tables to demonstrate 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 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 potential investors.
Exit Strategy
How exactly are you going to sell your Auto Accessories Store Business?
Auto Accessories Store Business Plan Page 1 | Auto Accessories Store Business Plan Page 2
Useful Auto Accessories Store Resources
Auto Accessories Store Marketing Plan | Auto Accessories Store Equipment | Auto Accessories Store Online
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