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2 . Business Plan part 2 . my business opportunity is on limbe ( a puerto rican desert ) 2 . 1 Market Research What

2.Business Plan part 2. my business opportunity is on limbe ( a puerto rican desert)
2.1 Market Research
What industry does your business belong to? Describe why your business fits within this industry.
What is the size of that industry? (For example: revenue, services providers, and industry trends)
What is the size of your potential target market?
What data did you find that supports your business opportunity?
2.2 Target Market
Based on your research, describe your market segment within your target market. Be as detailed as you can, using the following guiding questions.
Demographics:
Geographics:
Psychographics:
Buying Patterns:
2.3 Competitors
Which direct competitors run similar businesses? Describe these competitors in detail.
Direct Competition:
Which indirect competitors fulfill the same want or need with a different business? Describe these competitors in detail.
Indirect Competition:

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