Market
Market location
Market size
Market growth
Market share
Local business
Operate in local markets
laundries, florist shops, hairdressers and bycycle. repair shops
Regional businesses
Cover a wider area
Larger geographical area
Expand
Total levels of sales of all producers within a market
Can be measured
Volume of sales(units sold)
Value of goods sold(revenue)
The percentage change in the total size of a market over a period of time
The percentage of sales in the total market sold by one business
Market% of a business=
firm sales in a period of time/ total market sales in a period of time