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Post by mexican07 on Dec 8, 2011 5:56:23 GMT -5
Long-term development. This section of the plan describes how your business will grow over time. You should provide a specific timetable for the company's development, including identification of the potential risks your business faces. You can begin this process by addressing the following questions:
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Post by business143 on Dec 8, 2011 6:03:07 GMT -5
The single most important step you can take as an entrepreneur is to effectively market your goods and services. You can have the best products in the world, but if no one knows about them, your business will fail. Creating a successful marketing strategy is all about addressing the 5 P's: • Product - What are you selling? • Price - How much will you charge? • Person - What is your target market (i.e., market niche)? • Place - How will your goods and services be distributed? • Promotion - How will you let potential customers know about your goods and services?
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