The Laws And Laws That Business Will Be Selling Intangible...

equipment. (5) Legal factors- are legislations and laws that business must abide by in order to stay within compliance and avoid legal troubles (www.smallbusiness.chron.com). For example, in South Carolina the law requires all business that will be selling intangible or tangible items must have a retail license, and pay property tax. Business who fails to get a retail license faces the possibility of a fine or time in prison. In order for a business to operate, they must get a South Carolina retail license that cost $50.00 and then report all sales tax each month or quarterly in order to stay in business. Other potential legal factors a photographer may encounter , according to the article† Picturing A Remedy for small Claims of†¦show more content†¦(6) Competitive factors- business that provide similar services or products, and the different type of advantage or disadvantage them may have over your business. In order to compete and stay ahead of the competitor you have to research and collect data and find out thing different things your business can offer that your competitors do not offer. For example, at Pet Paws we offer a variety of packages to fit all types of budget, we offer a free eight by ten picture for first-time customers, and we give each customer a locket with their pet picture inside, in order to set ourselves apart from our competitor and to increase our clientele. Marketing Research The marketing research tools that we use for our business in order to target our market and find ways to meet our customers demand, and find out what they expect from our business and what type of service they expect from our business. We mailed out surveys, questionnaires, used our testimonial website, and blog site as an outlet for customers to discuss their experience with our business and rate our service. We also set-up in store demos at large retailers like Wal-mart, Sam’s Club and grocery’s stores to promote our brand and get the word out about our product and services. Another marketing tool we used was different social media