Virginia Department of Business AssistanceOur Business is Your Success

Welcome Future Entrpreneurs!
About the VDBA Step One: Getting Started Step Two: Operating a BusinessStep Three: Business Plan
The Facts about my Competitors

1) Who are my competitors?

List the names, locations and web sites of your competitors (add more sheets if necessary)

Name
Location
Web Address

2) What product(s)/service(s) do your competitors sell that will directly compete with yours? And what is(are) the price(s)?

Competitor's Name
Product/Service
Price

3) What other product(s) or service(s) do the same competitors sell that do not directly compete with what you are selling?

Competitor's Name
Non-competing Product/Service

4) Detailed description of my competitors

Provide a detailed description of your competitors, based on your research. What are your competitors' strengths (for example, financial resources, prime location, etc.) and weaknesses (for example, reputation for poor service, inexperience, etc.)? What methods of advertising do they use? What appears to be their strategy for the future?

Competitor #1 (Name):___________________________________________________________
Address:______________________________________________________________________
Phone:_________________________
Web Address:________________________________________
Price:_______________________________
Strengths: _____________________________________________________________________
_____________________________________________________________________________
Weaknesses:___________________________________________________________________
_____________________________________________________________________________
Advertising Method(s) (if applicable):________________________________________________
_____________________________________________________________________________
Strategy:______________________________________________________________________


Competitor #2 (Name):___________________________________________________________
Address:______________________________________________________________________
Phone:_________________________
Web Address:________________________________________
Price:_______________________________
Strengths: _____________________________________________________________________
_____________________________________________________________________________
Weaknesses:___________________________________________________________________
_____________________________________________________________________________
Advertising Method(s) (if applicable):________________________________________________
_____________________________________________________________________________
Strategy:______________________________________________________________________


Competitor #3 (Name):___________________________________________________________
Address:______________________________________________________________________
Phone:_________________________
Web Address:________________________________________
Price:_____________________________
Strengths: _____________________________________________________________________
_____________________________________________________________________________
Weaknesses:___________________________________________________________________
_____________________________________________________________________________
Advertising Method(s) (if applicable):________________________________________________
_____________________________________________________________________________
Strategy:______________________________________________________________________


Competitor #4 (Name):___________________________________________________________
Address:______________________________________________________________________
Phone:_________________________
Web Address:________________________________________
Price:_____________________________
Strengths: _____________________________________________________________________
_____________________________________________________________________________
Weaknesses:___________________________________________________________________
_____________________________________________________________________________
Advertising Method(s) (if applicable):________________________________________________
_____________________________________________________________________________
Strategy:______________________________________________________________________


Competitor #5 (Name):___________________________________________________________
Address:______________________________________________________________________
Phone:_________________________
Web Address:________________________________________
Price:_____________________________
Strengths: _____________________________________________________________________
_____________________________________________________________________________
Weaknesses:___________________________________________________________________
_____________________________________________________________________________
Advertising Method(s) (if applicable):________________________________________________
_____________________________________________________________________________
Strategy:______________________________________________________________________


Competitor #6 (Name):___________________________________________________________
Address:______________________________________________________________________
Phone:_________________________
Web Address:________________________________________
Price:_____________________________
Strengths: _____________________________________________________________________
_____________________________________________________________________________
Weaknesses:___________________________________________________________________
_____________________________________________________________________________
Advertising Method(s) (if applicable):________________________________________________
_____________________________________________________________________________
Strategy:______________________________________________________________________



Note: You may have fewer or more than the number of competitors listed above.


Congratulations. Once you have completed this form, you should know a lot about your competitor(s)!


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