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Business strategy
Analysing business competitors to be ahead of them
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[QUOTE="Augusta, post: 337633, member: 25283"] Successful business stays analysing their competitors you can't afford to ignore your competitors if you want to go ahead of them So how do you analyse your competitors to move your business ahead of them. Start with taking out time to study and learn from them. Devote resources to get this sort of competitive intelligence You can analyze your competition simply by dinning or shopping at a competitor's business. You can then find out from their customers what they like or don't like about to gain information that way. You need to keep up with the news in relevant trade publications to know about your competitors Speak with any customers to obtain and scrutinize financial information a competitor makes readily public [/QUOTE]
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