When looking at the marketing plan of a real estate brokerage business plan, funders want to see an understanding of how you will reach both of your key target groups: sellers and buyers. You need a strategy for both, and, if possible, these strategies should share as many elements as possible to keep marketing costs low. SellersTo reach current homeowners who are looking to sell, your firms name must be on their minds, on their computer...more
Opening a new bar will involve many decisions throughout the planning stage. Take care to avoid these three big mistakes during the pre-launch phase to better set your bar up for success. Making the Business Plan an Afterthought Try to start preparing a draft of your business plan from the day you considering your bar's opportunity and allow it to evolve with your thinking. Do this by being familiar with the business plan format or working...more
There are two main methods to project revenue for your retail store when creating financial projections for your business plan: a top-down approach and a bottom-up approach. It is advised to use both methods to make sure that your projections are reasonable to readers.Top-Down ApproachA top-down approach would be to start with an average sales per square feet benchmark for your type of retail establishment. This is defined as total net sales divided by the square feet of selling space. While looking for an industry average, check if there are geographic differences that would affect your store. You can assume that, upon launch, you will be below the industry average, but be able to climb closer to it or above it over time.You can look for this average sales per square foot with trade associations and publications and in business publications at a library. To get examples, you can apply some calculations to the numbers in annual reports of the large public companies in your industry. You can even ask owners of similar businesses in other states who aren't in direct competition with you.However, if you find, for example, that Target has sales of $50 per square foot per year, $50 may...more
Customer loyalty will probably be the lifeblood of your hair salon. Not only will creating loyal customers ensure increased revenue from each customer, but it will drive their referrals to other customers and perhaps the rest of their families. The Stylist Connection Creating strong relationships between stylists and customers may be the best...more
Does your room look incomplete? Perhaps you wish to redecorate or revitalize your room with more color. Redecorating can be very expensive and can take a long time. Before scrapping the entire theme of your room why not try to bring some new life to it. This can be achieved through the use of area rugs.Rugs and throws are an excellent and cheap way...more
Hello to whomever that is reading this right now, that first of all please try and read the whole thing. I know its a veeeery long email. But I think after you read it, you will have a smile on your face. Trust me on that one ok.Im hoping that the person reading this is the same person who sent me the other email's. "Why?" you may ask. Well first of all: Thank you my friend. I really have to say that I really appreciate a lot how you have been taking care of my order tiny order. You know how to take care of your customers. You have responded to my email's really fast. And you do not know how much I appreciate that you will send the package today instead of in a couple of weeks or something like that! But to be on the safe side I will just write: yes. I would really love it if you send it today already. Then hopefully my Father will be holding his birthday present on time.I actually thought at first (please remember that this was right before i ordered the replica mobile phone) that www.myluxphone.com was fake. I dont know if you understand exactly what i mean but I thought: "What in the world have I just done!? Have I just sent 124$ to a so called company that just earns money...more
While the world is moving toward a more digital method of communication, there is still a place for printed products in any business environment. Not everything will be manageable by electronic communication and for those instances where you need to...more
Author: Jason DoveThese are the rainy days we hoped would never come. We are living in a time of tightened purse strings and uncertain prospects. The shadow of the bank manager looms over many previously flourishing businesses. Difficult decisions...more
If you are familiar with video phones how they work, then you should be well-known with web based video conferencing. You can call anyone throughout the world and you can meet the concern person on the TV screen through Live. In reality, video...more
Author: Jason DoveSo, if Business Intelligence can increase profits, pinpoint marketing efforts, streamline processes and monitor employee performance - how does it work? How your information is stored There are nearly as many different types of...more
If you are looking for Atlanta apartments for rent, then the easiest and most efficient way to go about this is to use an apartment guide for Atlanta. The guide will help you to create a short list of Atlanta apartment rentals that are available, and...more
Author: Jason DoveBasic BI Reporting In my previous articles I hinted at the breadth and value that BI reporting can deliver and how this can revolutionise your business. Even businesses with existing BI can benefit from a BI overhaul if some time...more