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Watch This Video Before Starting Your Chocolate Business Plan PDF!

Checklist for Starting a Chocolate Business: Essential Ingredients for Success

If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a Chocolate business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!

For more insightful videos visit our Small Business and Management Skills YouTube Chanel.

Here’s Your Free Chocolate Business Plan DOC

This is a high quality, full blown business plan template complete with detailed instructions and all related spreadsheets. You can download it to your PC and easily prepare a professional business plan for your Chocolate business.
Click Here! To get your free business plan template

Free Book for You: How to Start a Business from Scratch (PDF)

A Step by Step Guide to Starting a Small Business
This is a practical manual in a PDF format, that will walk you step by step through all the essential phases of starting your Chocolate business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

Copy the following link to your browser and save the file to your PC:

https://www.bizmove.com/free-pdf-download/how-to-start-a-business.pdf

MARKETING PLAN WORKSHEET

This is the marketing plan of ___________

I. MARKET ANALYSIS

A. Target Market - Who are the customers?

1. We will be selling primarily to (check all that apply):

Percent of Business

a. Private sector ________

b. Wholesalers ________

c. Retailers ________

d. Government _______

e. Other ________

2. We will be targeting customers by:

a. Product line/services. We will target specific lines ___________________

b. Geographic area? Which areas? ___________________

c. Sales? We will target sales of ___________________

d. Industry? Our target industry is ___________________

e. Other? ___________________

3. How much will our selected market spend on our type of product or service this coming year?

________

B. Competition

1. Who are our competitors?

Name ______________

Address ______________

Years in Business ______________

Market Share ______________

Price/Strategy ______________

Product/Service ______________

Features ______________

Name ______________

Address ______________

Years in Business ______________

Market Share ______________

Price/Strategy ______________

Product/Service ______________

Features ______________

2. How competitive is the market?

High ______________

Medium ______________

Low ______________

3. List below your strengths and weaknesses compared to your competition (consider such areas as location, size of resources, reputation, services, personnel, etc.):

Strengths

1______________

2______________

3______________

4______________

Weaknesses

1______________

2______________

3______________

4______________

C. Environment

1. The following are some important economic factors that will affect our product or service (such as country growth, industry health, economic trends, taxes, rising energy prices, etc.):

______________

______________

______________

2. The following are some important legal factors that will affect our market:

______________

______________

______________

3. The following are some important government factors:

______________

______________

______________

4. The following are other environmental factors that will affect our market, but over which we have no control:

______________

______________

______________

II. PRODUCT OR SERVICE ANALYSIS

A. Description

1. Describe here what the product/service is and what it does:

______________

______________

______________

B. Comparison

1. What advantages does our product/service have over those of the competition (consider such things as unique features, patents, expertise, special training, etc.)?

______________

______________

______________

2. What disadvantages does it have?

______________

______________

______________

C. Some Considerations

1. Where will you get your materials and supplies?

______________

 

2. List other considerations:

______________

______________

______________

III. MARKETING STRATEGIES - MARKET MIX

A. Image

1. First, what kind of image do we want to have (such as cheap but good, or exclusiveness, or customer-oriented or highest quality, or convenience, or speed, or ...)?

______________

B. Features

1. List the features we will emphasize:

a. ______________

b. ______________

c. ______________

C. Pricing

1. We will be using the following pricing strategy:

a. Markup on cost ____ What % Markup? ______

b. Suggested price ____

c. Competitive ____

d. Below competition ____

e. Premium price ____

f. Other ____

2. Are our prices in line with our image?

YES ___ NO ___

3. Do our prices cover costs and leave a margin of profit?

YES ___ NO ___

D. Customer Services

1. List the customer services we provide:

a. ______________

b. ______________

c. ______________

2. These are our sales/credit terms:

a. ______________

b. ______________

c. ______________

3. The competition offers the following services:

a. ______________

b. ______________

c. ______________

E. Advertising/Promotion

1. These are the things we wish to say about the business:

______________

______________

______________

2. We will use the following advertising/promotion sources:

1. Television ________

2. Radio ________

3. Online: Google (AdWords) / Facebook

4. Direct mail ________

5. Personal contacts ________

6. Trade associations ________

7. Newspaper ________

8. Magazines ________

9. Yellow Pages ________

10. Billboard ________

11. Other _________

3. The following are the reasons why we consider the media we have chosen to be the most effective:

______________

______________

 

 

This Report offers managing your Company tips and manage business advice. But you aren't ready to start your own business till you
have given any thought to managing it. A business is an ongoing activity that does not run itself. As the manager you'll have to
set goals, determine how to reach those goals and also make all the required decisions. You'll have to purchase or make your
product, price it, promote it and market it.

You'll need to keep documents, and determine costs. You'll Have to Control stock, make the right buying decisions and keep prices
down. You'll have to employ, train and motivate employees today or as you grow.

Setting Business Management Goals. Good small business management Is the key to success and great management begins with
establishing goals. Establish goals for yourself for the accomplishment of many tasks necessary in starting and managing your
business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down to sub-goals,
demonstrating what you expect to achieve in the next two to three weeks, the subsequent six months, another year, and the next
five years. Beside each target and sub-goal set a specific date showing when it is to be attained.

Plan the action that you need to take to achieve the goals. While the attempt Needed to achieve each sub-goal should be good
enough to challenge one, it should not be so good or foolish as to dissuade you. Don't plan to achieve too many goals all too.
Establish priorities.

Plan in advance how to measure results so you can know exactly the way Well you're doing. This is what's meant by"measurable"
goals. If you can not keep score as you move along you're likely to lose motivation. Re-work your plan of action to permit for
obstacles which may stand on your way. Try to foresee obstacles and plan ways to avert or minimize them.

Buying. Skillful purchasing is an important essential of profitably Managing a business enterprise. This is true if you are a
wholesaler or retailer of merchandise, a manufacturer or a service business proprietor. Some retailers say it is by far the most
significant single element. Merchandise that's carefully bought is not difficult to market.

Deciding what to purchase means finding out the type, kind, quality, Brand, size, color, fashion -whatever applies to a particular
inventory - which will sell the very best. This requires close attention to salespeople, trade journals, catalogs, and especially
the preferences of your regular clients. Assess your sales records. Even the manufacturer should view the problem through the eyes
of clients before deciding what materials, components, and supplies to buy.

Know your regular clients, and make a good evaluation of this People you hope will become your customers. Just what socioeconomic
category are they? Are they homeowners or tenants? Are they looking for cost, quality or style? What's the predominant age
category?

The age of your customers can be a prime consideration in Establishing a buying pattern. Young men and women buy more frequently
than many older people. They want more, have fewer responsibilities, and spend more on themselves. They are more aware of fashion
trends whether in sporting apparel, cars or electronic equipment. If you choose to appeal to the young trade only because they
seem dominate in your town, your buying pattern will be wholly different than if the conservative middle-aged clients seem to be
in most.

Study trade journals, newspaper advertisements, catalogs, window Displays of companies like yours. Ask advice of salespeople
supplying you merchandise, but buy sparingly from several suppliers instead of one, testing the water, so to speak, until you
understand what your best lines would be.

Locating suitable merchandise sources isn't easy. You will buy Directly from producers or producers, from wholesalers,
distributors or jobbers. Pick the providers who sell exactly what you need and can deliver it if you need it. (Distributors and
jobbers are used by most business people for fast fill-ins between factory shipments.)

You may spread purchases among many suppliers to gain more Favorable rates and promotional stuff. Or you may concentrate your
purchases among a small number of suppliers to simplify your credit problems. This will also help you become known as the seller
of a certain brand or line of product, and to maintain a fixed benchmark in your goods, if you're buying stuff for manufacturing
functions.

When to purchase is essential if your business will have seasonal Variations in sales volume. More stock will be required prior to
the seasonal upturn in sales volume. As sales decrease, less product is needed. This means purchases of goods for resale and
materials for processing should change accordingly.

At the outset, how much to purchase is insecure. The best policy is To be frugal till you've had sufficient experience to judge
your wants. On the other hand, you cannot sell product in case you don't have it.

To help solve purchasing issues, you should begin to maintain stock Control records at once. This can help you keep the stock in
equilibrium - neither too large nor too small - with a suitable proportion and adequate range of merchandise, sizes, colours,
styles and attributes.

Basically , there are two Kinds of inventory control - management in Dollars and control in physical units. Dollar controls show
the sum of money spent in each merchandise category. Unit controls indicate the amount of individual items when and from whom
bought by category. A good stock control system is able to help you determine everything, from whom, when, and how much to
purchase.

Pricing. Much of your success manage a business will depend on How you price your services. If your prices are too low, You Won't
pay Costs; too high and you will lose sales volume. In both cases, you won't Earn a profit.

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