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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 achieve this?
Dance Instruction Marketing Strategy
What are the authentic methods you are going to employ in order to promote your Dance Instruction business to your existing and would-be customers. You can additionally add the overheads involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can seek out your clients better. For example if you are using Pay Per Click as a means to go for Dance Instruction patrons you may well draw on long tail keyword search phrases significantly than succinct generic words. This should drive down your Pay Per Click expenditure as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Dance Instruction 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 execute to get the word out concerning your services and products to your potential patrons - 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 above your rivals that you can exploit to your gain? Are you capable of keeping your overheads lower than your opposition so that you are constantly the cheapest? Do you have a superior place? Are you the first 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 identifying mark, 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 is going to be something in-between these two, and you need to reason long and hard where your company is going to position itself. You can pay a quick visit to this website and get more info as regards putting your Dance Instruction business online.
Sales Strategy
How are you going to pick up sales for your Dance Instruction business in the first place and how are you going to build up or sustain sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your budding customers and know the answers to likely questions they will ask you. How are you going to create a rapport with your customers to get future sales from them? How are you going to observe 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 Dance Instruction business proposal to assist you.
Management Summary
Management Team
Who are the key players in your company?
Dance Instruction Organizational Structure
What is the hierarchy of your business - who is in charge of every division within your company?
Personnel Plan
This should be a directory of every person in your company, their salary 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 prone to change in the future or not.
Dance Instruction Financial Plan
Will you deliver all your own funding or will it be a fusion of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Dance Instruction 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.
Dance Instruction Profit and Loss
You can denote 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Dance Instruction Cash Flow
You ought to have charts and tables to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to take account of all your vital 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 potential investors.
Exit Strategy
How exactly are you going to sell your Dance Instruction Business?
Dance Instruction Business Plan Page 1 | Dance Instruction Business Plan Page 2
Useful Dance Instruction Resources
Dance Instruction Marketing Plan | Dance Instruction Equipment | Dance Instruction Online
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