How to go for a research without professional help ???

As we know, challenges for new business are going complicated. Effects of globalization & technological environment are changing so rapidly that, its quiet impossible to set up a new business, without having a proper plan. Suppose that you want to open a computer selling store .If you have a clear vision about your business than must have to find out some information. Let’s check out.

1. Who are your competitors & how they manage their activity?
2. What are the competitive advantages that you have or why you think people will buy your products as you are new comer at this field ?
3.  Have you enough financial ability to recover any negative situation that may be arising during your business launching period?
4. Do you have enough confidence over your strategy & business plan?  

You can go for a SWOT analysis on both of you & competitor’s business .When you will compare two results, you may found some objects that you didn’t think before. That’s can be a simple research , that you can run by yourself without professional help . Becareful about information that you need to put down for SWOT analysis. Don’t put any information until you are not 100% confirm of that, it may causes of error.