Part Two: Market Research Complete the following template based on the team’s marketing research results for your business venture: Marketing Element Research Results Consumer Need for Product or Service Target Market Economy of Chosen Location/City/Region Consumer Demographics Industry Research Barrier to Entry Current Market Saturation Suppliers Legal Business Structure to be used and justification for selection Government regulations to be Considered-Local, State, and Federal Types of Insurance to Consider Competitor Data Pricing Model Business Model Business Model Key Customers Suppliers Business Size (Annual Revenue $ ) Business Location
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