As we all know the worlds competitive very, competition can come in lots of ways.

To lessen the competition you need an edge. It puts you in a good position.

Does your small business have an edge let’s look at it?

1. Do you dominate a marketing area social media, point of entry, newspaper, brochures and google ads?
2. Is your location better than your competition do you have key factors working for you?
3. Is your product or software the best on the market?
4. Do you have speed to the market?
5. Is your staff smarter or younger than the competition?

A famous line in the movie The Edge is “change can come when you least expect it.” It’s important you make as many moves now so the impact is lessened.

By Terry Murphy Simple Economics 19/8/16 forster@accountingandmore.com.au

Photo 20^th Century Fox.