Question: Part of a formal, complex business plan involves conducting a thorough analysis of the market in which the company will be offering its products and

Part of a formal, complex business plan involves conducting a thorough analysis of the market in which the company will be offering its products and services. But even if a business has no need to plan their business with such a document, it is very important that they conduct sufficient Market Research.Choose a type of business and a location where you would want to open that business. What additional questions would you want to ask?What other research would you want to do before opening the business?

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