Industry
Analysis: Mistakes
to Avoid
These are some of the most common mistakes
found in the industry analysis section of a business plan:
- Not demonstrating a solid understanding
of how your industry functions.
- Appearing unaware about the companies
that form your industry.
- Lacking understanding as to where your
business fits into the distribution channel of your industry.
- Omitting growth trends, revenue size,
and significant statistics for your industry.
For more information about preparing the industry analysis
section of a business plan, check out:
Email us at BizPlanIt if you have comments or suggestions
about our Virtual Business Plan.
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