What's new

How would you make a new business opportunity?

Neutral Nova

Valued Member
Registered Member
Joined
Nov 8, 2020
Messages
318
Reaction score
15
CB$
5,946
7 Steps for Generating New Business Opportunities:

Stage 1: Focus on your center item.
Stage 2: Keep your pitch basic.
Stage 3: Stay consistent with what your identity is.
Stage 4: Map it.
Stage 5: Utilize promoting devices that turn out best for you.
Stage 6: Implement a strategy.
Stage 7: Exercise the arrangement.
 

Alexandoy

Valued Member
Registered Member
Joined
Aug 4, 2020
Messages
686
Reaction score
111
CB$
20,844
With a new business opportunity my take is a focus on the potential market. Take for example the simple cooked food that can be sold for a packed meal so the residents of our village will not cook lunch anymore. To check on the market I can do a short survey of 10 residents if they prefer to buy from me. If I get half of the 10 that approves of my plan then that is a business opportunity that I can probably take advantage.
 

nomad

Valued Member
Registered Member
Joined
Dec 13, 2020
Messages
338
Reaction score
70
CB$
6,267
If you want to start your own business, you must be willing to invest your precious time and money. If you cannot invest any of these, your business will not thrive. Once you have time and money for your business, you need to do a lot of research on your business idea. You need to do a competitor analysis and devise a marketing plan to outsmart your competitor.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Top