Bay State Select is classified as operating in the Professional Employer Organizations (PEO) industry, NAICS Code 56133.
Market Share of Bay State Select's Largest Competitors
A competitive analysis shows these companies are in the same general field as Bay State Select, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Bay State Select.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Bay State Select's Fastest Growing Competitors
These companies are in the same general field as Bay State Select and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.