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Strategy and Implementation Summary
What is your general approach to make your business a winner and how will you achieve this?
Photo Finishing Service Marketing Strategy
What are the authentic ways you are going to employ in order to market your Photo Finishing Service business to your existing and likely patrons. You can also add the overheads involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can seek out your patrons better. For example if you are using PPC as a means to target Photo Finishing Service clients you may use long tail keyword search phrases significantly than short generic words. This should lessen your Pay Per Click outlay as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Photo Finishing Service Pricing Strategy
What policy did you use to get your selling prices for your 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 instigate to get the sound out regarding your products and services 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 benefit? Are you capable of keeping your expenses lower than your competition so that you are constantly the cheapest? Do you have a premier locality? Are you the pioneer or the only one to supply a product or service? Are you capable of staying ahead of the rivalry 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 whatever 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 need to deliberate long and hard where your business is going to position itself. You can pay a quick visit to this website and get more information in relation to putting your Photo Finishing Service business online.
Sales Strategy
How are you going to acquire sales for your Photo Finishing Service business in the first place and how are you going to boost or uphold 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 patrons and know the answers to likely questions they will ask you. How are you going to build up an association with your patrons to get yet to come 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 Photo Finishing Service business proposal to assist you.
Management Summary
Management Team
Who are the most important players in your business?
Photo Finishing Service Organizational Structure
What is the structure of your business - who is the manager of each division inside your organization?
Personnel Plan
This should be a roll of everybody in your business, their pay 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.
Photo Finishing Service Financial Plan
Will you deliver all your own funding or will it be a mixture of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Photo Finishing Service 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.
Photo Finishing Service Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Photo Finishing Service Cash Flow
You should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should incorporate all your key information which makes your business operate efficiently. 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Photo Finishing Service Business?
Photo Finishing Service Business Plan Page 1 | Photo Finishing Service Business Plan Page 2
Useful Photo Finishing Service Resources
Photo Finishing Service Marketing Plan | Photo Finishing Service Equipment | Photo Finishing Service Online
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