Industry trend analysis
Industry Trend analysis helps you understand how your business has performed and predict where current business operations and practices will take you. Done well, it will give you ideas about how you might change things to move your business in the right direction.
You can use trend analysis to help improve your business by:
- Identifying areas where your business is performing well so you can duplicate success
- Identifying areas where your business is under performing
- Providing evidence to inform your decision making.