Business Plans – Questions To Consider – Part 6

by Christie Lewis on June 29, 2009 · 0 comments

in Planning & Growth

When completing a business plan it is essential that a detailed analysis be undertaken on the industry in which the business is operating and on the market the business is attempting to serve.  The industry and market analysis business plan questionnaire raises a number of questions relative to: 

 Industry and Market Analysis

  • What industry are you in?
  • How old is the industry?
  • What stage is the industry at?
  • How big is the market in your area?
  • Are there any barriers to entry?
  • Are there any restrictive government policies on the industry?
  • What market research has been undertaken?
  • What test marketing has been undertaken?
  • Have you had any comments from focus groups?
  • Who are your potential competitors?
  • What is your distribution strategy?
  • What are the population projections for your area?

  • Business Plans – Some Questions to Consider

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    This post is part of the 50-part series “Business Plans – Some Questions to Consider” (yes, there will be 50 of them!).
    Be sure to read the other parts of the series to get a full picture. You can follow the series along on the blog or read them first by subscribing to our popular Business Plus+ newsletter.


    Christie Lewis

    Article by

    Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.

    Christie has written 799 awesome articles for us at Alan Lewis Accountants – BLOG

    Twitter: @christielewis

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