After all, trusting faceless and voiceless interactions with a company can be difficult, never mind paying via the Internet.
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The more detail you can provide, the better, to show exactly how well you understand (and are prepared for dealing with) your competition. Address your competitors’ weaknesses and also state how you can counter their strengths.
)Adapt the research and results of both to include in the market-analysis and competitive-analysis sections of your business plan.
Think of the Operations section as your chance to prove that you know how to convert innovative ideas into a successful business.
Then detail how you plan to implement these strategies in your business.
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