Infobox: The Best Tools for Market Analysis

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SimilarWeb - for evaluating competitors' traffic.
Ahrefs - for keyword and backlink analysis.
Statista - for studying global trends and statistics.
3. Competitor assessment
Research your future competitors:
What products or services do they offer?
What is their pricing policy?
What weaknesses can be exploited to gain a competitive advantage?
Tip: Use a SWOT (strengths, weaknesses, opportunities, threats) analysis to better understand your position.
4. Checking profitability
To estimate profitability, use the formula:
Profitability = (Income – Expenses) / Expenses × 100%
Example: if your expected income is 300,000 ₽ per month, list of turkey whatsapp phone numbers and expenses are 200,000 ₽, the profitability will be 50%.
Example of calculation of start-up capital
Let's say you want to open a small coffee kiosk. Estimated costs:
Equipment: 300,000 ₽.
Rent: 50,000 ₽/month.
Purchase of ingredients: 30,000 ₽.
Total start-up capital: 380,000 ₽. Plan for payback within 6–8 months.
opening a business
Step by step guide to starting a business
Step 1. Develop a business plan
A business plan is the foundation of your business. It should include:
Product/service description.
Market analysis.
Financial plan.
Marketing and sales plan.
Example of a business plan structure:
Introduction.
Product/service description.
Market and competition.
Finance.