Any aspect of business, whether starting it or expanding it, should be based on a proper market research and a financial analysis of the industry in order to achieve success. Moreover, you must try to find out all that you can about your market and the industry especially regarding the size of the market and other industry statistics such as: the number of employees in any typical business of the industry, an estimate of the sales volume per employee, and the survival rate in the industry. Those who are running a small business can use the above figures to measure their business in relation to their competitors. An Industry research report is vital for finding out who decides which products will be used for which project and what should be the special characteristics View the rest of this article
Tuesday, November 6, 2007
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