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Business strategy
What is the first thing to consider in starting a new business?
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[QUOTE="Jonaville, post: 78760, member: 26893"] One important thing I feel every potential business owner should give top priority to his the location of the proposed business. He needs to survey and scout the area very well to ensure that the type of business he is about to start will attend to the needs of the people in the area and therefore will lead to a high business turnover. Selling product or offering a service that people don't need is actually a bad idea and can lead to frustration and depression as a business owner. So one needs to be very definitive of the type of business to start in a particular area. [/QUOTE]
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What is the first thing to consider in starting a new business?
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