 |
 |
|
|
 |
Strategy and Implementation Summary
What is your general line of attack to make your business a success and how will you go about this?
Furniture Refinishing Service Marketing Strategy
What are the actual ways you are going to use in order to market your Furniture Refinishing Service business to your existing and would-be patrons. You can moreover add the costs involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can seek out your customers better. For instance if you are using Pay Per Click as a structure to go for Furniture Refinishing Service customers you possibly will employ long tail keyword search phrases significantly than succinct generic words. This ought to reduce your Pay Per Click expenses as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Furniture Refinishing Service 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 operation to get the word out about your services and products to your likely patrons - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your competition that you can exploit to your benefit? Are you capable of keeping your outlay lower than your competition so that you are always the cheapest? Do you have a superior location? Are you the first or the only one to provide a service or product? Are you capable of staying 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 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 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 about putting your Furniture Refinishing Service business online.
Sales Strategy
How are you going to pick up sales for your Furniture Refinishing Service business in the first place and how are you going to increase or sustain sales as time goes on? How much is each sale going to cost you? Make certain 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 create a rapport with your patrons to get prospective 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 Furniture Refinishing Service business proposal to assist you.
Management Summary
Management Team
Who are the focal players in your business?
Furniture Refinishing Service Organizational Structure
What is the structure of your company - who is in charge of every department in your company?
Personnel Plan
This should be a listing of everyone in your company, 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, short and long term and whether that is liable to alter in the future or not.
Furniture Refinishing Service Financial Plan
Will you deliver all your own funding or will it be an assortment of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Furniture Refinishing Service 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 graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Furniture Refinishing Service Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Furniture Refinishing Service Cash Flow
You ought to have charts and tables to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to include all your important information 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Furniture Refinishing Service Business?
Furniture Refinishing Service Business Plan Page 1 | Furniture Refinishing Service Business Plan Page 2
Useful Furniture Refinishing Service Resources
Furniture Refinishing Service Marketing Plan | Furniture Refinishing Service Equipment | Furniture Refinishing Service Online
Find a different business plan...