When completing a Business Plan it is essential that there is a detailed analysis made on the industry of the business and the market the business is attempting to serve.
The Industry and Market Research Business Plan Questionnaire raises a number of questions relative to:
- What industry are you in?
- How old is the industry?
- At what stage is the industry?
- How big is the market in your area?
and leads the participant through a number of other questions that clearly establishes what the business' position is within the industry and assists in the identification of a potential market for the business' products.