+1 862 207 3288 The Company and Industry Component The company and industry analysis should include the answers to at least the following questions:
2.1. What is the legal form of your business? Is your business a sole proprietorship, a partnership, or a corporation?
2.2. What licenses or permits will you need, if any?
2.3. Is your business a new independent business, a take- over, an expansion, or a franchise?
2.4. If you are dealing with an existing business, how did your company get to the point where it is today?
2.5. What does your business do, and how does it satisfy customers’ needs?
2.6. How did you choose and develop the products or services to be sold, and how are they different from those currently on the market?
2.7. What industry do you operate in, and what are the industry-wide trends?
2.8. Who are the major competitors in your industry?
2.9. Have any businesses recently entered or exited? Why did they leave?
2.10. Why will your business be profitable, and what are your growth opportunities?
2.11. Does any part of your business involve e-business?
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