I need help figuring out what to write for the Industry and Market Analysis part of a business plan for my class and I have to go based off of a paragraph description of the vision of the business/ Here is basically the gist of it.
The business is a swimming pool service in which customers can go on an app and find pool related products they would need or request installation for an additional cost and they would have the products delivered to them in a day because there would stock on demand provided.
This is what I would need help with.
- 1. Discuss strategic issues, such as ease of market entry and exit, ability to achieve economic of scale/scope, cyclical or seasonal trends.
- 2. Discuss the current industry trends and key success factors and future outlook of the industry. Is the industry growing, is the industry crowded, what opportunities or threats does the industry face?