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Strategy and Implementation Summary
What is your universal strategy to make your business a success and how will you attain this?
Petroleum Geologic Service Marketing Strategy
What are the definite ways you are going to exercise in order to market your Petroleum Geologic Service business to your present and would-be patrons. You can moreover add the outlay involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can target your clients better. For example if you are using Pay Per Click as a approach to go for Petroleum Geologic Service patrons you could draw on long tail keyword search phrases rather than succinct generic words. This should slash your Pay Per Click overheads as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Petroleum Geologic Service Pricing Strategy
How have you arrived at your prices for your 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 put into operation to get the word out regarding your products and services to your possible customers - 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 competitors that you can exploit to your gain? Are you capable of keeping your overheads lower than your competitors so that you are at all times the cheapest? Do you have a superlative site? Are you the originator or the only one to supply a product or service? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good brand, 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 scenarios it is going to be something in-between these two, and you ought to contemplate long and hard where your business is going to position itself. You can visit this website and get more info regarding putting your Petroleum Geologic Service business online.
Sales Strategy
How are you going to get sales for your Petroleum Geologic Service business in the first place and how are you going to increase or uphold sales as time goes on? How much is every sale going to cost you? Make certain you know what questions to ask of your potential patrons and know the answers to likely questions they will ask you. How are you going to construct a relationship with your patrons to get future 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 Petroleum Geologic Service business proposal to assist you.
Management Summary
Management Team
Who are the central players in your business?
Petroleum Geologic Service Organizational Structure
What is the structure of your company - who is in charge of each department in your company?
Personnel Plan
This should be a register of everybody in your business, their wage 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.
Petroleum Geologic Service Financial Plan
Will you contribute all your own funding or will it be a mix of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Petroleum Geologic Service 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.
Petroleum Geologic Service Profit and Loss
You can represent 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.
Petroleum Geologic Service Cash Flow
You ought to have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your central 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 should only be given to likely investors.
Exit Strategy
How exactly are you going to sell your Petroleum Geologic Service Business?
Petroleum Geologic Service Business Plan Page 1 | Petroleum Geologic Service Business Plan Page 2
Useful Petroleum Geologic Service Resources
Petroleum Geologic Service Marketing Plan | Petroleum Geologic Service Equipment | Petroleum Geologic Service Online
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