By Corona at September 05 2019 08:58:33
I often see people split into two camps. On one hand those who almost ignore competitors in their business plan, because they do not want to think about the issue yet and feel so confident they have a great idea for the market regardless. But I recommend not being overconfident when it comes to competitors. They are still there for a reason, they are still around and in business for a reason, so view them with that in mind.
There is a better way. If you would like to develop a nice plan like this for yourself and give yourself a good shot at making your life better, then find a planning software that does it all for you. This is a Small Business Planning Tool made just for small business owners. All you do is enter your business numbers along with the few other things and everything else is done for you automatically including the 7 ways to make it happen. If you wanted to see what 3Ǒ transactions would do to your profit, the second you enter 3Ǒ, it shows you immediately what your new profit would be and whether it would meet your plan or not. I doubt you have ever seen anything like it before.