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Wednesday, September 16, 2009

Will My Business Be Successful? Or is Competition too Large?


Target Your Competition


Shaking a magic-8 ball is not going to help you when the bills start piling up and sales are down. There's no way of knowing what will happen with the economy, so determining the right time to open a small business (or close a small business) could mean the difference in when and *if* you get to retire.

There's a company called SpyFu that lets you use tons of tools to (legally) "spy" on competitor businesses and learn just about everything about them:

- How much do my competitors spend to get traffic?
- Which keywords are right for what I want to accomplish?
- How big is this guy I’m up against?
- Are they just throwing money around, or are they following a system?
- When has everyone else ramped up their spending?

If these are a few of the questions you have thought through then you are a wise entreprenuer!

You don’t have unlimited funds and resources to dabble, so that’s where SpyFu comes in. By removing tedious, expensive steps SpyFu helps you build your business wisely from the very beginning so you keep the most profits possible.

You get the same—if not better—research as the deep-pocket companies without coughing up the same ad dollars.

SpyFu even offers live help. Usually SpyFu is about $60 a month but right now ITS FREE for a month. That gives you plenty of time to get to see the site, use the tools then decide if you need to get a membership or not. Totally worth checking out. Great resource!

Check out SpyFu here.

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