Business and finance help needed with feasibility study and a discussion question

A key piece of research for your feasibility study is to identify your competitors- both direct and indirect. ; Every business has competition. ; If you claim to an investor or a bank that you have no competition, you just lost the deal.


For example, if you plan ;to open a night club, you are vying for a share of your customers’ night time entertainment dollar. ; What other choices do ;they have for that dollar?

(Please provide good quality and original response. Thank you!)