Starting and Planning · Page 20 of 94

Competitor Analysis

Learn how Competitor Analysis supports a practical, well-researched and resilient small business in Aotearoa New Zealand.

Saved course progress0 of 94 pages

What you will learn

Apply this idea directly to competitor analysis and record the result for your business.

Apply this idea directly to competitor analysis and record the result for your business.

Apply this idea directly to competitor analysis and record the result for your business.

Apply this idea directly to competitor analysis and record the result for your business.

Step 1. Describe your current position for Competitor Analysis.

Step 2. Gather reliable customer, cost and compliance information.

Step 3. Compare at least two realistic options.

Step 4. Record the chosen action and its owner.

Step 5. Set a review date and update the plan.

Use safe practice data: Do not enter passwords, private customer information or confidential business records into an unapproved tool.

Use Business.govt.nz as a starting point

Keep personal and business finances distinct

Validate demand before making major commitments

Treat the business plan as a living document

Record who owns the next action

Set a date to review this work

Check the result on a mobile device

Ask for specialist advice where required

I understand the key ideas on this page. I completed or planned the practical activity.

In progress