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Industry & Risk Analysis

In: Business and Management

Submitted By eletha3
Words 1248
Pages 5
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|Industry & Risk Analysis |
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The world is a remarkable market of consumers where the stakes of conducting business are volatile and sometimes unpredictable. Consumers taste preferences, trends, and buying power will shift over time dependent upon factors of their environment. Entrepreneurs can undercover a hidden niche and exploit its’ newness to consumers with one creative idea and use of statistical information. Heat Seekers proactively took the time to strategically establish the company’s overall strengths, weakness, opportunities, and potential threats to reaching success. Basing the focus on every phase of conducting business globally and what things could alter the progress of entering foreign or, domestic markets. A clear concise business plan and complete industry risk analysis are the core components of what makes a successfully funded venture.

A futuristic point of view on what lies ahead is not an impossible task when you have resources available like the internet to determine the difficulty level. A

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