The list of competitors
Before taking a final decision about the beginning of commercial activity it is necessary to analyse once again a situation in the sphere you are going to be involved in.
If you have already defined the kind of commercial activity, the site for your enterprise and the territory where you will offer the production, it is necessary to find out:
The circle of your potential clients;
Whether there are competitors.
First of all it is necessary to define companies and single businessmen you are going to compete with as well as their strength. If you own the information you can decide what is possible to oppose them with and how toto surpass them.
Having defined those who are engaged in similar activity, it will be easier to outstrip them. All you have to do is to emphasize the strong points of your business process.
Do not try to compete only by reduction of price. It will ruin your business.
You should know whether there are your potencial customers, who they are, what makes them buy this or that thing and what are the way to convince them to address your company.
Try to make a list of your competitors.Write down not only direct competitor whose busines is similar to yours but those who can take part in th competition even without knowing that.
And then try to define a circle of the potential customers. This information will help you to define approximate volume of the commercial activity.