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Strategy and Implementation Summary
What is your common stratagem to make your business a success and how will you go about this?
Auto Parts Store Marketing Strategy
What are the genuine ways you are going to employ in order to market your Auto Parts Store business to your existing and impending clients. You can also add the expenses involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a method to target Auto Parts Store clients you could draw on long tail keyword search phrases to a certain extent than short generic words. This should diminish your Pay Per Click costs as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Auto Parts 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 put into action to get the word out concerning your services and products to your likely 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 advantage above your competitors that you can exploit to your advantage? Are you capable of keeping your costs lower than your opposition so that you are continuously the cheapest? Do you have a superlative locality? Are you the pioneer or the only one to supply a service or product? Are you capable of staying ahead 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 going to have no website at all or an all singing and dancing website with bells and whistles on? In most scenarios it's going to be something in-between these two, and you ought to deliberate long and hard where your company is going to position itself. You can go and see this website and get more information about putting your Auto Parts Store business online.
Sales Strategy
How are you going to generate sales for your Auto Parts Store business in the first place and how are you going to grow or preserve 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 clients and know the answers to likely questions they will ask you. How are you going to shape a bond with your patrons to get future 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 Auto Parts Store business proposal to assist you.
Management Summary
Management Team
Who are the major protagonists in your company?
Auto Parts Store Organizational Structure
What is the structure of your company - who is the manager of each division in your organization?
Personnel Plan
This ought to be a directory of everybody in your company, their remuneration 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.
Auto Parts Store Financial Plan
Will you supply 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 Parts 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 products and services. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Auto Parts 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 should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Auto Parts Store Cash Flow
You ought to have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to involve all your important info which makes your business operate efficiently. 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 impending investors.
Exit Strategy
How exactly are you going to sell your Auto Parts Store Business?
Auto Parts Store Business Plan Page 1 | Auto Parts Store Business Plan Page 2
Useful Auto Parts Store Resources
Auto Parts Store Marketing Plan | Auto Parts Store Equipment | Auto Parts Store Online
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