Family Business Analysis and Succession Planning Insights

This presentation explores a Surat-based family business specialising in retail firecracker sales. It delves into the seasonal nature of the industry, product range, and direct consumer interactions. Key insights include market structure dynamics like monopolistic competition, licensing, and safety regulations. Competitive analysis focuses on location advantages, competition from online/local sellers, and green cracker trends. Promotional strategies highlight volume-based offers, social media...