Note: Jersey City Tattoo's revenues are gauged from an analysis of company filings.
Jersey City Tattoo's Income Statement (based on Industry Averages)
Jersey City Tattoo P&L
$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
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Advertising
Salaries and wages
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Total Operating Expenses
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Market Share of Jersey City Tattoo's Largest Competitors
A competitive analysis shows these companies are in the same general field as Jersey City Tattoo, 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 Jersey City Tattoo.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Jersey City Tattoo's Fastest Growing Competitors
These companies are in the same general field as Jersey City Tattoo 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.