Watch the latest from New Venture Mentor: “How to Beat Your Bigger Competitors in Attracting and Retaining Top Talent”
https://www.youtube.com/watch?v=b4OD44N7a6k –~–
When building a strategic plan, entrepreneurs must understand their industry and their competition. One way of analyzing these is through Porter’s 5 Forces. Here’s how it’s done.
See the full post here: http://www.catecosta.com/using-porters-5-forces-model-to-analyze-your-startups-or-small-business-industry/
Are you an entrepreneur or aspiring entrepreneur who needs help turning your fabulous idea into a profit-generating startup or small business? Visit www.CateCosta.com for more tips to help you take the first step or check out one of my helpful eCourses: https://goo.gl/ohn5dq