Understanding Business Competition

To be successful in any business, you need to understand your competition. We have to think why customers choose one product over another. We have to consider all types of competition to ensure success in business. Competition can be either Direct (competing by selling the same products) or Indirect (competing for the same market). To know about completion, follow Jessica Oman (author)’s article link: http://www.smallbusinessbc.ca/starting-a-business/understanding-your-competition