While looking for a business idea and planning its development, a few key steps are important: evaluation of available resources, search for a business idea, evaluation of the idea, and preparations for its development.
Prior to searching for a business idea, you have to assess objectively whether your resources are sufficient for the development of the idea into a successful business. You will have to commit various resources for the development of a business idea: your time, your communication, creativity and entrepreneurial skills, knowledge and experience, connections, real estate, tools, funds etc.
2.Search for a business idea
You can get ideas for business from a variety of sources:
3. Evaluation of the business idea
Prior to starting business, evaluate your idea critically by answering the following questions:
4. Preparations for the development of the idea
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