Business Plan: Industry Analysis Section
The industry analysis is research driven and does not speak about your product or your actual competitors. It speaks about the industry or industries your product is in. It gives the reader the back story with the trends analysis and the forecast for the future.
Use following structure:
Industry Analysis
A. Future outlook and trends
B. Analysis of competitors
C. Market segmentation
D. Industry and market forecasts
Info about business plan
Hair salon name: Glam Studio
Location: Brooklyn, New York
Target customers: Women of all ages
The will allow women of all ages to have their hair needs satisfied in one convenient visit. The salon will cater to women and deliver excellent services, as in coloring, weaving, cuts and many more following current trends.
You need add some charts in this analysis.