Friday 5 March 2010

Why business matters

In business there are many things that you all must consider before getting your fet wet. There are some of the things that you must think about. Before I continue may i say that it is not the business that counts its the not giving up, you may believe in a business and it may not work, but you must never give up, may I also say that I believe that these are just some of the many important things that you must think about when and if you are going to be starting your own business.

think about your market, think about what market you are going to aim your product at, is there a market for this, if there is, then is it already over saturated or have you gotten a niche market that needs a product, these things are so important that you of course must consider these before even thinking about setting up your project. i would consider these factors before I even made the product.

you must also think about weather the market you are aiming at needs the product. this will surely detect weather the product will sell, just because you think it is a good idea it does not mean everyone else will think the same thing. So you must do market research in order to prove the that product that you have will be able to be sold. Of course there are many types of businesses some don't sell things in the conventional way, but although I am speaking about these things as if they are sold in a shop, this also applies to the many other types of companies too, so think about this. I would also suggest that you pitch your ideas to other people. Of course not everyone has a business mind but you will be surprised at some of the great feedback that you will be missing out on if you don't ask your people.