On the other hand, there are some weaknesses that present challenges for local businesses in Marion County when compared to Orange County which is located adjacent. These include high taxes relative market size; limited resources; lack of venture capital investment; competition from larger markets like Orlando; and higher cost of doing business than many surrounding counties.

In order to gain competitive advantage in Marion County’s highly competitive market environment small businesses need develop strategies that can capitalize on their strengths while minimizing their weaknesses relative those possessed by competitors within the county or near-by counties such as Orange county . Some strategies could include focusing on niche markets where they can offer unique services or products not easily found elsewhere; developing marketing campaigns targeting specific segments within their target market that emphasize their advantages over other competitors (i.e lower costs); utilizing technology advancements such as data analytics/AI solutions to improve customer experience/operations efficiency; investing in employee training programs & recruiting more highly skilled workers which could provide better customer service/higher quality product offerings etc.. Local entrepreneurs should also consider forming alliances with partners outside Marion Counties borders if necessary so they can tap into different resources & skillsets required by certain projects or companies etc.. Ultimately all these strategies would help small local business build stronger brands & acquire loyal customers which will enable them achieve sustainable growth & success even amidst challenging economic conditions like during COVID pandemic times