Small Business Competitive Analysis| Start-Up Planning Guide

Start Up Planning Guide | Small Business Competitive Analysis | Questions to Help Entrepreneurs

Get the start up planning guide to help your start up succeed. Learn how to analyze your competition and on how to increase your success.

Small Business Competitive Analysis – Questions to Help Entrepreneurs Compete

Continuing our start-up series of questions which will, this post, focus on your company’s competition and on your own competitiveness within that industry. If you’re just reading this blog for the first time, you are joining us for the fifth installment of an eleven part series, with each segment focusing on one particular aspect of business. This segment questions are designed to help you the entrepreneur become more competitive in the marketplace by asking provocative questions.

A. Start-Up Vision, Mission, Goals & Objectives
B. Development & Structure
C. Market Analysis
D. Product & Service Offering
E. Competitive Environment
F. Strategic Planning
G. Marketing & Sales Planning
H. Organization Structure & Management
I. Operations Planning
J. Risk Analysis & Contingency Planning
K. Financial Plan

This blog will focus on one area — Competitive Environment.

Following are a series of 5 questions that will help you understand your competitive environment.

This list of questions should trigger discussion and more questions. The time you spend now could make the difference between success and failure.

Competitive Environment Questions:

1. Who are your major competitors?

2. Is the market dominated by a few major players or many players?

3. Identify the strengths and weaknesses of each competitor.

4. Characterize the nature of competition both inside and outside the industry.

5. Describe possible competitive threats and risks.

Brandings has everything you need to hit your start-up targets every time. We offer a wide range of services including company naming, premium domain names, strategic planning, corporate identity and design, testing and research, trademark screening – all custom tailored to meet all your specific start-up needs.

Please let us know how you feel about this and the other blogs by posting your comments below. Since I’m posting this on my blog, I might as well post Brandings available Blog and Publishing Brands.

2 thoughts on “Small Business Competitive Analysis| Start-Up Planning Guide”

    • Thanks for the comment. Our business consultants have taken a lot of time and have really spent a lot of time putting together these questions for an entrepreneur. These questions have been designed to cut to the chase and get at the heart of what every entrepreneur needs to know about their competition and about their business themselves.

      Please use these questions as a guide to help your business get off to a great start!

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