Many aspiring entrepreneurs find it challenging when it comes to identifying the right business idea that is both marketable. A great business idea combines customer needs with a sustainable revenue model.Understand What People NeedA profitable business idea must be driven by customer needs. How to determine if people need your product or serv
Many businesses struggle to survive due to poor execution. To minimize risks, you need to consider different aspects of running a business. Ensure Your Idea is Viable You need to be sure that your business concept is aligned with market demand. Evaluate your business idea by answering:- Will people be willing to pay for it?- Do I understand the
Starting your own business from scratch can be both empowering and challenging. Discovering Your Business NicheThe first step in building a business from scratch is finding a feasible idea. Consider industries that are expanding and align them with your expertise. Ask yourself: - Where can I provide value?- Who is my target audience?- How does m