.st0{fill:#FFFFFF;}

Reply To: Should You Consider the Competition When Starting a New Business? 

 

By  Abhishek

#507004
Abhishek
Participant
  • Total Post: 1
Points: 14
1

Even with an innovative product or service idea, you’ll always have competition in the market. It’s always important to do competitive analysis and have a better overview of your business and the ones who are already are in the market. If you’re entering a well-established market, include a list of a few companies whom you consider direct competitors and how you plan to differentiate your products or service and business from theirs.

 

>
Skip to toolbar