Competitor Analysis Template

Competitor analysis is an essential part of running a business. By comparing your company or service to others in the market, you can gain valuable insights that can help you make better strategic decisions and achieve business growth.

Before you begin your competitor analysis, it's important to define what exactly you will be comparing and whether or not this information is publicly available. Social media and online tools can be useful for gathering the necessary data. It's also important to stay up to date with the latest tools and resources to ensure you have all the information you need.

When filling out your competitor analysis template, it's important to consider your audience. The language and style you use will depend on who you are presenting the analysis to. For example, you may use different words or terms if you are presenting to team members versus potential investors. It's also important to consider the level of understanding of your audience, as some viewers may be more familiar with certain terms than others.

Overall, a well-done competitor analysis can provide valuable insights that can help your team make better strategic decisions, deliver a more efficient business plan, and have a clearer vision of the future of your organization.