Opinions expressed by Entrepreneur contributors are their own. Every business plan should include market analysis. This is one of the first and most important reasons to do a business plan. And ...

Accurate evaluation of environmental factors could be the difference between success or failure when starting a business. An effective environmental analysis can have a major impact on the strategic ...

A market analysis is critical to a business plan. It helps you understand the buying habits of your target market. Many, or all, of the products featured on this page are from our advertising partners ...

Discover how strategic gap analysis identifies performance gaps between current and optimal outcomes, and learn actionable steps to bridge these gaps successfully.

The Competitive Analysis section of your business plan is devoted to analyzing your competition–both your current competition and potential competitors who might enter your market. Every business has ...

A SWOT analysis can help entrepreneurs to develop company strategy by picking apart the strengths, weaknesses, opportunities and threats a business faces from internal and external sources. Each ...

Starting a business can be a daunting undertaking. As with so many large projects, one of the most difficult challenges is just getting started, and one of the best ways to start is by putting ...

Weibull analysis can be used to examine a myriad of failures and problems, including equipment breakdowns. By better understanding why and when breakdowns happen, companies can better tailor their ...