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Economic Level –
Income Level –
Buying Habits –
3. MARKET SIZE:
5. OTHER FACTORS:
WHAT CAN I OFFER?
Who are they? What do they offer? What are their competitive advantages? Etc.
What will happen to the industry? Will the economy change? Am I on the right side of the trend? Etc.
STEP 3. Research Secondary Data
That is…look at information gathered by others first (much of it is already compiled and often free through your Community Futures Office)...
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