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Strategy and Implementation Summary
What is your universal stratagem to make your business a success and how will you go about this?
Cold Welding Marketing Strategy
What are the tangible ways you are going to draw on in order to promote your Cold Welding business to your existing and potential clients. You can also add the expenditure involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your clients better. For example if you are using PPC as a structure to target Cold Welding patrons you possibly will draw on long tail keyword search phrases preferably than succinct generic words. This ought to slash your Pay Per Click expenses as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Cold Welding Pricing Strategy
What line of attack did you use to get your selling 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 services and products to your potential 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 over your competition that you can exploit to your gain? Are you able to keep your expenditure lower than your competition so that you are always the cheapest? Do you have a first-rate site? Are you the pioneer or the only one to provide a product or service? Are you able to stay 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 whatever or an all singing and dancing website with bells and whistles on? In most case it is going to be something in-between these two, and you need to think long and hard where your company is going to position itself. You can visit this website and get more info with reference to putting your Cold Welding business online.
Sales Strategy
How are you going to get sales for your Cold Welding business in the first place and how are you going to grow 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 would-be clients and know the answers to likely questions they will ask you. How are you going to foster an affiliation with your clients 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 Cold Welding business proposal to assist you.
Management Summary
Management Team
Who are the focal players in your company?
Cold Welding Organizational Structure
What is the hierarchy of your company - who is the manager of every division inside your company?
Personnel Plan
This should be a record of every person in your business, how much they are 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 likely to alter in the future or not.
Cold Welding Financial Plan
Will you deliver all your own funding or will it be an assortment of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Cold Welding Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through 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.
Cold Welding Profit and Loss
You can embody 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.
Cold Welding Cash Flow
You should have charts and tables to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to consist of all your critical 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 potential investors.
Exit Strategy
How exactly are you going to sell your Cold Welding Business?
Cold Welding Business Plan Page 1 | Cold Welding Business Plan Page 2
Useful Cold Welding Resources
Cold Welding Marketing Plan | Cold Welding Equipment | Cold Welding Online
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