Shoot for the Stars |
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How’s the Competition?After you have gathered information about your competitors, create a chart or grid to compare your business to your top three competitors. A sample chart is provided below.
Once your chart is complete, study it closely. Look for ways to improve your company or your product, better ways to advertise, or better ways to serve customers. Competition is good because it causes entrepreneurs to constantly work harder to meet customers’ needs. Revised: December 13, 2001. |
A business never stops growing!Back to Take the Challenge |
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