Business Plan Project Worksheet Milestone #$1$ Industry Information$1.$ Industrya. Identify the industry where your business concept resides according to NAICS. Describe generally what these businesses dob. Size of industry in $USD, preferably for the USc. Growth rate of industry $(\%$ increase or decrease$)$ historical and projectedd. Current trends$/$issues in the industry $($at least $3)$e$.$ Major players in the industry$2.$ Identify top $3$ risks in the general industry. Next, describe in detail your strategy to minimize these risks$\mathrm{.}3.$ Target Marketa. Description of target market for the industry $($not your business$)$ this is a general explanation using generally accepted marketing segmentation principles$4.$ Competitiona. Define the basis of competition In other words, how do businesses in this industry compete? This is a general evaluation not determined by specific location.b$.$ Identify the top three competitors in the Detroit Metropolitan Areac. Detail the strengths and weaknesses of each of the three competitors $($at least three strengths and three weaknesses of each competitor$)$