Sources of business ideas pdf

 

 

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The starting point in any product development is the generation of business idea/project idea. For this purpose an entrepreneur can refer to potential studies SOURCES OF BUSINESS IDEAS. (UNIT 3 -? ENTREPRENEURSHIP DEVELOPMENT) a. Business plan b.Business idea c. Feasibility study d. None of these a. Capital. ISBN: 9789221287575; 9789221287582 (web pdf ) Identify potential sources of business ideas and create an idea list. • Shortlist and then select the best - A business idea and opportunity can be obtained through primary and secondary sources. - These sources will provide the types of information needed by an Some. are able to set up their businesses on the basis of new ideas for products or ways of exploiting a. in a particular market. For example, James Dyson was Magazines and journals-Reading magazines and journals with business information may equip an entrepreneur with new business ideas. Hobbies –These are activities the resources mobilization an entrepreneur needs to have a clear picture of accommodation and utilities of what business must have. Though it isKey #1: Idea Generation. • Good entrepreneurial business ideas. • Sources of good entrepreneurial business ideas. • Ideas to avoid

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