Effective Ways to write a Business Plan

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Do you know your competition?
Questions to ask before making a Business Plan
Competition is something that no one can ignore. Try to find out what are the other options present in front of your customers to go and get the product or service from? For this, you might need to do market analysis, track the target market, primary and secondary market, marketing strategy, marketing plan, competitive analysis or advantage and the market size of your competitors.