EPISODE · Oct 6, 2021 · 20 MIN
17: How To Analyze Local Business Competition In Your Market
from The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom · host Neel Parekh
If you're looking to start a local business or expand in your current business, your local market and competition matter a lot. Trying to rank on Google in New York is going to be very different experience than trying to rank in Omaha, and the competition and rewards differ from market to market as well. Neel pulls from his experience with analyzing franchise territories and David pulls from his acquisition experience to provide a play-by-play on how you can analyze any geographic market and see if its a good fit for your business. In this episode, you'll learn: How to analyze local markets and assess what is the BEST market to open up a service-based business in Mega Cities vs Small Markets: How to analyze the tier of the city to see its a good territory How to analyze the Google results & rankings Identifying the quality of website: funnels, lead capture, website speed, etc
What this episode covers
If you're looking to start a local business or expand in your current business, your local market and competition matter a lot. Trying to rank on Google in New York is going to be very different experience than trying to rank in Omaha, and the competition and rewards differ from market to market as well. Neel pulls from his experience with analyzing franchise territories and David pulls from his acquisition experience to provide a play-by-play on how you can analyze any geographic market and see if its a good fit for your business. In this episode, you'll learn: How to analyze local markets and assess what is the BEST market to open up a service-based business in Mega Cities vs Small Markets: How to analyze the tier of the city to see its a good territory How to analyze the Google results & rankings Identifying the quality of website: funnels, lead capture, website speed, etc
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17: How To Analyze Local Business Competition In Your Market
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