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Strategy and Implementation SummaryWhat is your universal approach to make your business a winner and how will you go about this? Dried Flowers Store Marketing StrategyWhat are the concrete methods you are going to exercise in order to promote your Dried Flowers Store business to your existing and possible customers. You can as well add the costs involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can target your clients better. For example if you are using Pay Per Click as a system to go for Dried Flowers Store clients you could draw on long tail keyword search phrases to a certain extent than short generic words. This should lessen your PPC expenses as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy. Dried Flowers Store Pricing StrategyHow 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 StrategyWhat promotion strategies are you going to employ to get the word out concerning your products and services to your possible clients - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products? Business Competitive EdgeDo you have some advantage over your competition that you can exploit to your advantage? Are you able to keep your costs lower than your opposition so that you are continuously the cheapest? Do you have a first-class site? Are you the first or the only one to supply a service or product? Are you able to stay ahead of the rivalry and if so what enables you to do this? Do you have a good class, trademarks, patents or a licence? Web StrategyAre you just going to have nothing at all 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 need to reason long and hard where your business is going to position itself. You can pay a visit to this website and get more info regarding putting your Dried Flowers Store business online. Sales StrategyHow are you going to acquire sales for your Dried Flowers Store business in the first place and how are you going to expand or preserve sales as time goes on? How much is every sale going to cost you? Make certain 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 build up a rapport 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 Dried Flowers Store business proposal to assist you. Management SummaryManagement TeamWho are the chief protagonists in your company? Dried Flowers Store Organizational StructureWhat is the hierarchy of your business - who is in charge of every department in your company? Personnel PlanThis ought to be a listing of every 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 likely to alter in the future or not. Dried Flowers Store Financial PlanWill you bring in all your own funding or will it be a fusion of your capital, bank loans, or angel investors? Do you need help in writing your financial plan? Dried Flowers Store Break Even AnalysisHow long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples. Dried Flowers Store Profit and LossYou can denote this usually 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 base. You can obtain a free profit and loss spreadsheet to assist you. Dried Flowers Store Cash FlowYou should have charts and tables to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet. AppendixThis ought to include all your crucial info 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 should only be given to impending investors. Exit StrategyHow exactly are you going to sell your Dried Flowers Store Business?
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