How much competition is there in your type of business and what do you do to compete with the others

Interview SMALL BUSINESS OWNER. Examples: Owner of a nursery restaurant convenience food store (7- Show more Interview SMALL BUSINESS OWNER. Examples: Owner of a nursery restaurant convenience food store (7-11 etc.) real estate company bakery video rental store insurance company art gallery beauty salon book store building contractor gardening service apartment owner etc. Ask the instructor for more ideas or the name of someone to interview. INTERVIEW QUESTIONS: 1. Name of person interviewed title company name company address and phone number. 2. Why did you go into business for yourself? How long have you been in business? 3. Why did you choose this particular kind of business? 4. Which type of ownership is the business operating under (sole proprietorship partnership or corporation?) 5. What problems did you encounter in starting your business? (Examples: obtaining money finding the right location attracting customers getting good employees collecting money from clients etc.) List at least 3 or 4 problems. 6. To what extent is your business affected by general economic conditions such as a recession? 7. How much competition is there in your type of business and what do you do to compete with the others? (Examples: better service lower prices advertising longer hours etc.) 8. What advice would you give to someone wanting to go into business today? Show less


 

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