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Strategy and Implementation Summary
What is your universal stratagem to make your business a success and how will you accomplish this?
Lumber Company Marketing Strategy
What are the definite methods you are going to draw on in order to promote your Lumber Company business to your existing and likely patrons. You can as well add the expenses involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can seek out your customers better. For instance if you are using Pay Per Click as a way to go for Lumber Company clients you may perhaps employ long tail keyword search phrases rather than short generic words. This should condense your Pay Per Click expenses as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Lumber Company Pricing Strategy
What strategy did you use to get your selling prices for your 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 sound 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 Edge
Do you have some advantage above your competitors that you can exploit to your advantage? Are you able to keep your overheads lower than your competitors 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 service or product? Are you able to stay ahead of the competition and if so what enables you to do this? Do you have a good brand, 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 case it is going to be something in-between these two, and you ought to think long and hard where your business is going to position itself. You can visit this website and get more information on the subject of putting your Lumber Company business online.
Sales Strategy
How are you going to pick up sales for your Lumber Company business in the first place and how are you going to increase or maintain sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your would-be patrons and know the answers to likely questions they will ask you. How are you going to construct a bond with your clients 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 Lumber Company business proposal to assist you.
Management Summary
Management Team
Who are the major players in your business?
Lumber Company Organizational Structure
What is the structure of your company - who is in charge of every department in your organization?
Personnel Plan
This should be a register of each person in your company, their pay 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 liable to change in the future or not.
Lumber Company Financial Plan
Will you provide all your own funding or will it be an assortment of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Lumber Company Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your products and services. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Lumber Company Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Lumber Company Cash Flow
You should have charts and tables to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your fundamental info 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 potential investors.
Exit Strategy
How exactly are you going to sell your Lumber Company Business?
Lumber Company Business Plan Page 1 | Lumber Company Business Plan Page 2
Useful Lumber Company Resources
Lumber Company Marketing Plan | Lumber Company Equipment | Lumber Company Online
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