Monday, February 20, 2012

Marketing Plans

A marketing plan is another important document (like a business plan) to have when starting a business. A marketing plan is useful to a business owner for a few reasons--it acts as a guide to your business and you and it can help add clarity within the marketing aspects to your business.

The biggest (and most obvious) difference between a business and marketing plan is that a marketing plan focuses on just the marketing within your business, while a business plan covers every aspect of the business, and yes there is a marketing section to most business plan however, a marketing plan will expand on the information and include more specific information that may be lacking from the business plan.

Marketing plans are essentially a guidebook for the business owner because, it can give clarity to what you are spending (and where you are spending it) and it helps enable you to budget marketing expenses, helps control what your expenditures are and it can help manage and track all cash flow and sales for your business.

Event Elements & Business Solutions is dedicated to helping other entrepreneurs and small business owners get their marketing started, run their marketing tactics and determine what works and what doesn't for your business within your industry.

Event Elements & Business Solutions will work with you to evaluate where you and your business are situated within the market, how your clients and potential clients see you and what your strengths, weaknesses, opportunities and threats are so we are able to design the best marketing plan for you and your business.

Check out our website eventelements.ca for more information about marketing plans and our other services.

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