Know Your Competition

10 Questions Every Entrepreneur Should Answer

1. Who are my competitors?

2. What are their financial resources?

3. How do they market their products/services?

4. How many employees do they have?

5. Where are they located?

6. How do they treat their customers?

7. What are their pricing strategies?

8. What are their main strengths, and can I meet or exceed them?

9. What are their main weaknesses, and how can I do better?

10. How will they react when I start my new business?

Contact Sources

Clutter Control, (800) CLUTTER.

EastHill Press, 6114 LaFalle Ave., #599V, Oakland, CA 94611, (510) 530-5474.

International Brownie, 602 Middle St., Weymouth, WA 02189, (800) 230-1588.

Small Business Development Center, Clayton College & State University, Morrow, GA 30260, (770) 961-3440.

« Previous 1 2 3 4 Page 5

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the April 1997 print edition of Entrepreneur with the headline: Know Your Competition.

Loading the player ...

Former Apple and Pepsi CEO John Sculley: Great Marketers Do This

Ads by Google

Share Your Thoughts

Most Shared Stories
1