
2 minute read
market analysis of a business plan
As any entrepreneur knows, starting and running a business is no easy feat. It requires dedication, hard work, and a solid plan. And one of the most crucial components of a successful business plan is the market analysis.
Market analysis is the process of evaluating the potential market for a product or service. It involves researching the industry, target market, and competition to determine the viability and potential success of a business idea.
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