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Strategy and Implementation Summary
What is your general line of attack to make your business a winner and how will you go about this?
Wedding Chapel Marketing Strategy
What are the tangible methods you are going to use in order to market your Wedding Chapel business to your existing and possible customers. You can furthermore add the outlay involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can seek out your customers better. For instance if you are using PPC as a structure to go for Wedding Chapel patrons you may perhaps draw on long tail keyword search phrases to a certain extent than succinct generic words. This ought to slash your PPC costs as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Wedding Chapel 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 apply to get the sound out as regards your services and products to your likely 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 gain? Are you capable of keeping your outlay lower than your opposition so that you are always the cheapest? Do you have a first-rate place? Are you the original or the only one to supply a product or service? Are you able to stay in front of the opposition and if so what enables you to do this? Do you have a good identification, 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 consider long and hard where your company is going to position itself. You can visit this website and get more information about putting your Wedding Chapel business online.
Sales Strategy
How are you going to generate sales for your Wedding Chapel business in the first place and how are you going to intensify or sustain sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your prospective 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 future sales from them? How are you going to scrutinize 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 Wedding Chapel business proposal to assist you.
Management Summary
Management Team
Who are the focal players in your business?
Wedding Chapel Organizational Structure
What is the structure of your business - who is in charge of every division within your business?
Personnel Plan
This should 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 change in the future or not.
Wedding Chapel Financial Plan
Will you bring in all your own funding or will it be a mixture of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Wedding Chapel Break Even Analysis
How long will it take to get your capital investment back by means of sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Wedding Chapel Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Wedding Chapel 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 ought to bring in all your fundamental info 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 ought to only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Wedding Chapel Business?
Wedding Chapel Business Plan Page 1 | Wedding Chapel Business Plan Page 2
Useful Wedding Chapel Resources
Wedding Chapel Marketing Plan | Wedding Chapel Equipment | Wedding Chapel Online
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