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Strategy and Implementation Summary
What is your universal approach to make your business a winner and how will you achieve this?
Debt Collection Agency Marketing Strategy
What are the real ways you are going to draw on in order to promote your Debt Collection Agency business to your present and would-be patrons. You can as well add the expenses 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 approach to go for Debt Collection Agency patrons you might employ long tail keyword search phrases considerably than short generic words. This ought to diminish your Pay Per Click outlay as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Debt Collection Agency 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 put into practice to get the word out about your services and products to your would-be 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 above your rivals that you can exploit to your advantage? Are you able to keep your overheads lower than your rivalry so that you are always the cheapest? Do you have a first-class location? Are you the original or the only one to provide a product or service? Are you able to stay in front of the competition and if so what enables you to do this? Do you have a good class, 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 as regards putting your Debt Collection Agency business online.
Sales Strategy
How are you going to pick up sales for your Debt Collection Agency 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 sure you know what questions to ask of your possible clients and know the answers to likely questions they will ask you. How are you going to encourage an affiliation with your patrons 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 Debt Collection Agency business proposal to assist you.
Management Summary
Management Team
Who are the central players in your company?
Debt Collection Agency Organizational Structure
What is the hierarchy of your business - who is in charge of every department within your company?
Personnel Plan
This should be a roll of each person in your company, 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, long and short term and whether that is expected to change in the future or not.
Debt Collection Agency Financial Plan
Will you supply all your own funding or will it be a mixture of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Debt Collection Agency Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of 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.
Debt Collection Agency Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Debt Collection Agency Cash Flow
You should have charts and tables to exhibit your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to comprise all your necessary 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 Debt Collection Agency Business?
Debt Collection Agency Business Plan Page 1 | Debt Collection Agency Business Plan Page 2
Useful Debt Collection Agency Resources
Debt Collection Agency Marketing Plan | Debt Collection Agency Equipment | Debt Collection Agency Online
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