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❓ASK Where to get idea about your business?

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Razor1911

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Before starting any business, it is paramount to have an idea about it. Idea consists of a well analyzed market, a properly drafted plan, managing sufficient capital for the business etc. Getting an idea initially is the most vital part.

It is advisable that before strating a business, we need to study the market. Make surveys in the market about what is the position of the market regarding our niche products etc. A time to time investigation will help to find out the negative points which can be altered to make our plan better.
 
We can generate Idea in many ways about a new business to establish. For instant, we can notice of uncommon business in our area, we can generate business idea from what people needs most in our area or what scarce in our area etc. So, all this can make us thing to establish a business.
 
We can generate Idea in many ways about a new business to establish. For instant, we can notice of uncommon business in our area, we can generate business idea from what people needs most in our area or what scarce in our area etc. So, all this can make us thing to establish a business.
That's why studying the market is very important. There are times when some specific product will have higher demand, you need to figure it out in order to gain maximum from it.
 
That's why studying the market is very important. There are times when some specific product will have higher demand, you need to figure it out in order to gain maximum from it.
Yes, one must study and understand a market before decided what business to start in which to make the business gain space in the market.
 
Business ideas can easily be found both offline and online. But it is so much better if you conduct surveys yourself and really study the population near you. That way, you know which problems you can solve through a business. Then you can start planning on how you will start the business.
 
Business ideas can easily be found both offline and online. But it is so much better if you conduct surveys yourself and really study the population near you. That way, you know which problems you can solve through a business. Then you can start planning on how you will start the business.
Yes, you say well. Business Idea can be generating from online and offline, especially in the forums like a beermoneyforum that people usually discuss about a business.
 
Before starting any business, it is paramount to have an idea about it. Idea consists of a well analyzed market, a properly drafted plan, managing sufficient capital for the business etc. Getting an idea initially is the most vital part.

It is advisable that before strating a business, we need to study the market. Make surveys in the market about what is the position of the market regarding our niche products etc. A time to time investigation will help to find out the negative points which can be altered to make our plan better.
Research about markets and understanding it is one aspect that is highly undervalued. I know people who have won the market just by being what the market wants, not necessarily better than their competition.
 
Research about markets and understanding it is one aspect that is highly undervalued. I know people who have won the market just by being what the market wants, not necessarily better than their competition.
Your point of view is very correct. Competition only restricts our profits. If We have no competition, we can understand what the market is demanding, then we can make best out of business.
 
You could hire professional help to give you some ideas of businesses you can go into based on your capital strength or you could find a business idea based on your hand skills or what you studied. A person that is good at baking and cooking, and is looking for a business to go into, does not need to be told to start a restaurant or an indoor kitchen where they can take orders from anyone and cook it in their house then deliver the food to them
That is a good idea. specially before starting a business we can approach the professional people. Their experiences will surely help in drafting a proper business plan. We should make proper use of their knowledge.
 
You could hire professional help to give you some ideas of businesses you can go into based on your capital strength or you could find a business idea based on your hand skills or what you studied. A person that is good at baking and cooking, and is looking for a business to go into, does not need to be told to start a restaurant or an indoor kitchen where they can take orders from anyone and cook it in their house then deliver the food to them
You are right. We can start a business of what we have knowledge or experience about. We have to just find a capital and good/suitable location for it.
 
Before you start a business, it is good to go on a market survey, ask those that are into it. Experience is said to be the best teacher.
Then having a well structured plan is paramount as well as having a reasonable capital.
That's is the another way of getting a new business idea, you are right. Survey is very important to know the kind of what people are demanding for in our location, so that we will know the kind of the business that will suitable for the location.
 
Some business ideas can sometimes come by instincts especially when someone is in a new environment. Studying one's environment and try to fill the gap in needed product or service that can be profitable. Online is also very important tool to get this.
 
Some business ideas can sometimes come by instincts especially when someone is in a new environment. Studying one's environment and try to fill the gap in needed product or service that can be profitable. Online is also very important tool to get this.
This is another way to generate a new business idea you mentioned. If you notice and study an one environment and discovered that the environment lack an one particular business that demanding for. You can grab the opportunity to establish the such business.
 
What i do was ask around. To my family and relatives even friends for any suggestions not sometimes they would just add up and form a new idea
 
Yes, you say well. Business Idea can be generating from online and offline, especially in the forums like a beermoneyforum that people usually discuss about a business.
Yeah, just going through the posts here in bmf can give you many ideas on what businesses to start. Then it becomes your task to now plan and start the business online or offline.
 
Your point of view is very correct. Competition only restricts our profits. If We have no competition, we can understand what the market is demanding, then we can make best out of business.
Our environments may differ and here people readily copy new businesses, so, there is absolutely no way, you wouldn't put your competitors into consideration while making your business plans.
 
We can generate Idea in many ways about a new business to establish. For instant, we can notice of uncommon business in our area, we can generate business idea from what people needs most in our area or what scarce in our area etc. So, all this can make us thing to establish a business.
The most common way to get idea is to study your target carefully you can even do your own research and find out how many people will need your product or service study that inviroment and never be afraid to ask questions
 
The most common way to get idea is to study your target carefully you can even do your own research and find out how many people will need your product or service study that inviroment and never be afraid to ask questions
Very good. We need to understand what the customer really wants. Targeting them is really important, and for that we need interesting ads and promotions.
 
For already existing business , one may decide to learn from someone before starting , but if it is a novel business , then the person needs to figure out strategies to use.
 
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