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Strategy and Implementation Summary
What is your universal line of attack to make your business a winner and how will you accomplish this?
Cake Maker Marketing Strategy
What are the definite methods you are going to draw on in order to promote your Cake Maker business to your present and possible clients. You can what's more add the expenditure involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can target your patrons better. For instance if you are using PPC as a method to go for Cake Maker clients you possibly will employ long tail keyword search phrases significantly than succinct generic words. This should condense your PPC overheads as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Cake Maker Pricing Strategy
How did you work out your price points 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 put into practice to get the word out about your products and services to your would-be 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 rivals that you can exploit to your benefit? Are you able to keep your outlay lower than your opposition so that you are at all times the cheapest? Do you have a first-class place? Are you the original or the only one to supply a service or product? Are you able to stay in front of the competition and if so what enables you to do this? Do you have a good identifying mark, 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 is going to be something in-between these two, and you ought to consider long and hard where your business is going to position itself. You can pay a visit to this website and get more information on the subject of putting your Cake Maker business online.
Sales Strategy
How are you going to pick up sales for your Cake Maker business in the first place and how are you going to boost or maintain sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your budding customers and know the answers to likely questions they will ask you. How are you going to develop a bond with your patrons to get future sales from them? How are you going to observe 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 Cake Maker business proposal to assist you.
Management Summary
Management Team
Who are the most important players in your business?
Cake Maker Organizational Structure
What is the structure of your business - who is the manager of every department in your business?
Personnel Plan
This ought to be a roll of everyone in your business, their salary 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 prone to change in the future or not.
Cake Maker Financial Plan
Will you bring in all your own funding or will it be a combination of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Cake Maker Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Cake Maker 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Cake Maker 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 should add in all your crucial 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 probable investors.
Exit Strategy
How exactly are you going to sell your Cake Maker Business?
Cake Maker Business Plan Page 1 | Cake Maker Business Plan Page 2
Useful Cake Maker Resources
Cake Maker Marketing Plan | Cake Maker Equipment | Cake Maker Online
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