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Strategy and Implementation Summary
What is your general approach to make your business a success and how will you complete this?
Residential Floor Refinishing and Resurfacing Marketing Strategy
What are the concrete methods you are going to exercise in order to market your Residential Floor Refinishing and Resurfacing business to your existing and possible patrons. You can also add the expenses involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can seek out your patrons better. For instance if you are using PPC as a way to target Residential Floor Refinishing and Resurfacing clients you may perhaps use long tail keyword search phrases significantly than succinct generic words. This ought to lessen your Pay Per Click outlay as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Residential Floor Refinishing and Resurfacing Pricing Strategy
How did you work out your price points 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 employ to get the word out concerning your products and services to your likely customers - 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 above your rivals that you can exploit to your gain? Are you capable of keeping your costs lower than your competition so that you are constantly the cheapest? Do you have a superior locality? Are you the originator or the only one to supply a service or product? Are you capable of staying in front of the opposition and if so what enables you to do this? Do you have a good make, trademarks, patents or a licence?
Web Strategy
Are you just going to have nothing 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 reason long and hard where your company is going to position itself. You can visit this website and get more information in relation to putting your Residential Floor Refinishing and Resurfacing business online.
Sales Strategy
How are you going to generate sales for your Residential Floor Refinishing and Resurfacing business in the first place and how are you going to expand or preserve sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your likely customers and know the answers to likely questions they will ask you. How are you going to build up a connection with your clients to get yet to come 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 Residential Floor Refinishing and Resurfacing business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your business?
Residential Floor Refinishing and Resurfacing Organizational Structure
What is the structure of your business - who is the manager of every department inside your business?
Personnel Plan
This ought to be a directory of everyone in your business, how much they get 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.
Residential Floor Refinishing and Resurfacing Financial Plan
Will you supply all your own funding or will it be a mix of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Residential Floor Refinishing and Resurfacing Break Even Analysis
How long will it take to get your capital investment back through 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.
Residential Floor Refinishing and Resurfacing Profit and Loss
You can embody this usually 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Residential Floor Refinishing and Resurfacing Cash Flow
You ought to have tables and charts to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should bring in all your important 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 Residential Floor Refinishing and Resurfacing Business?
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Useful Residential Floor Refinishing and Resurfacing Resources
Residential Floor Refinishing and Resurfacing Marketing Plan | Residential Floor Refinishing and Resurfacing Equipment | Residential Floor Refinishing and Resurfacing Online
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