What necessary expertise or manpower do you currently lack?

In what areas do your competitors have an edge?

Are you relying primarily on just a few customers or clients for the survival of your business?

Do you have sufficient funds to sustain the business?

What factors within your organisation may prevent goals and objectives from being achieved?

What measures can you put in place to reduce the impact of these factors?

What are your vulnerabilities?

What external changes present interesting opportunities?

What trends might impact your industry positively?

Finding the right business tools and associations are important keys as well

Is there talent located somewhere that you might be able to acquire?

Is a competitor failing to adequately service the market?

Is there an unmet need or gap in the market that you might fill?

Are there emerging trends that you might profitably service?

If you package your goods/services differently,will clients or customers be willing to pay more for it?

What opportunities are available to improve productivity or growth?

Is there a better equipped competitor in the market in terms of funding,talent,experience etc?

Is there an entity who may not be a competitor today which could possibly become one in the near future?

Are your key staff satisfied in their work?Could they be enticed by your competitors?

Do you have to rely on third parties for critical steps in your business development process that could possibly derail your delivery schedule.

i just got an idea today on how to improve my educational business.thank god for that.

Do you have a disaster recovery plan?

What obstacles do you face?

What is the size of the market?What growth potential is available?And where do you fit in?How will the market or customers change when you enter the market?What external factors will affect your customers?What significant event has occured in the market recently?Are there any barriers to entry?Is the market regulated?

Who are your competitors? What threats do they pose to your business?Why do customers patronize them? Is it price, value, service, convenience,quality or reputation?What are their strenths and weaknesses? How are your competitors likely to respond to the way you operate?What is their customer retention level? How effective is their advertising?

I shall be back tomorrow.

Business Tools is a firm of professional business and marketing plan writers committed to transforming your business ideas into realities.Don't make the mistake of starting any business without consulting us at Business Tools:07030949450

Businesstools