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1) What is involved in a market analysis? 2) Why is a market analysis an important part of a financial prospectus? 3) Suppose you create small business plans to build the strongest rocking chairs on the market without performing a market analysis

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1) What is involved in a market analysis? 2) Why is a market analysis an important part of a financial prospectus? 3) Suppose you create small business plans to build the strongest rocking chairs on the market without performing a market analysis. What kinds of concerns might potential financers have?