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Once an Entrepreneur Has Established a Reasonable Radius from Which

question 85

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Once an entrepreneur has established a reasonable radius from which he or she would draw his or her primary customers, the next step is to examine each potential competitor.


Definitions:

Areas of Expertise

Specific fields or subjects where an individual or organization has extensive knowledge and skill.

Conversational Tone

Refers to a style of communication that is informal, friendly, and resembles a conversation between two people, often used to make written content more relatable.

Plain Language

Writing or speech that is clear, concise, and easily understood by the intended audience without unnecessary jargon or complexity.

Credibility

The quality of being trusted and believed in, often influenced by an entity's reputation, reliability, and expertise.

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