Business and finance help needed with feasibility study and a discussion question

Nov 3rd, 2015
Business Finance
Price: $5 USD

Question description

A key piece of research for your feasibility study is to identify your competitors- both direct and indirect.  Every business has competition.  If you claim to an investor or a bank that you have no competition, you just lost the deal.

For example, if you plan to open a night club, you are vying for a share of your customers' night time entertainment dollar.  What other choices do they have for that dollar?

(Please provide good quality and original response. Thank you!)

Tutor Answer

(Top Tutor) Kims
School: New York University

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