When we define analysis, we’re examining the study of something. Often, the analysis corresponds to a business or business project.
The market analysis for your business plan must explain the strengths of your industry, product, & marketing strategies, backed with stats & reliable data.
Your market analysis will cover your industry, brand competitors, target market, aim of your business, and factors affecting the growth of your business.
Using business environment analysis helps identify the internal and external factors, which, left unattended, can rupture and kill a business.