As we continue our series on Business Plans, today we’re looking at the Competitive Analysis. This is the section in which you must explain what benefits your business will provide to your customers that your competition can’t or won’t supply. Before you write your Competitive Analysis, you have to thoroughly research your competitors. Take a look at this report from Abby Johnson and learn how you can investigate your competition and then compile it together for your written Competitive Analysis.
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In a knowledge-based economy, intelligence is king. To do well, companies need to have right information in their hands. Ecompetitors.com provides such effective information. It has done extensive research and developed data on the top 10,000 global industries. They have created an online model of the global economy which enables quick analysis of one industry or a group of industries.
Always interesting and useful.
Really a great source for a loto of litte buisness owners or professional like me.