Choose a business you would like to start. Then, using the SBA links and the two worksheets provided in the Week 3 Notes Folder, prepare the Competition and Strategic Position & Risk Assessment sections of a business plan. Use the worksheets provided to simply compile information about this pretend business – DO NOT just turn in completed worksheets. You will need to review the sample business plan and write out these two sections of the plan in paragraph/essay format.Attach your work in a Word document and be sure to include you name with your submission. Each section should be at least one full page in length.Competitive Analysis: Customer Perception FactorsFactorProduct/Service FeaturesPurchase PriceIndirect/Peripheral CostsQualityDurability/MaintenanceImage/Style/DesignPerceived ValueBrand RecognitionCustomer RelationshipsLocationDelivery TimeConvenience of UseCredit PoliciesCustomer ServiceSocial ConsciousnessOther:Other:Total PointsComments:MaximumPoints(1-10)YourCompanyCompetitor:Competitor:Competitive Analysis: Internal Operational Factors.FactorFinancial ResourcesMarketing Budget/ProgramTechnological CompetenceAccess to DistributionAccess to SuppliersEconomics of ScaleOperational EfficienciesSales Structure/CompetenceProduct Line BreadthStrategic PartnershipsCompany Morale/PersonnelCertification/RegulationPatents/TrademarksAbility to InnovateOther:Other:Other:Total PointsComments:MaximumPoints(1-10)YourCompanyCompetitor:Competitor: