How to find your business idea in 2017

Employees at least once in their life thought: it would be nice to open their own business. To start a business at random, without serious preparation, at least frivolously.

Instruction manual

1

Try to clearly and impartially evaluate personal capabilities, abilities, inclinations. It is hardly worth undertaking a matter in which you absolutely do not understand or do not feel interest in him.

2

Take a look around, analyze what is happening. Think about what the population is missing. Suppose you have a lot of students living in your area. Can open an agency to assist in solving problems, writing term papers, diplomas. Or the city has a high birth rate, and there are few children's entertainment centers. Organize a platform or come up with something new.

3

If nothing comes to mind, you can search for ideas in foreign business. To do this, visit sites where people share their experiences, read international economic newspapers.

4

Conduct marketing research: first, interview friends, family, and colleagues. Your task is to determine how great is the demand for the goods or services you want to offer. Find out what is the average cost of each transaction and what is the level of competition in this area of ​​activity.

5

Estimate the possible profitability of the selected business. It depends on many factors: the cost of goods or services, the cost of renting premises, expenses for wages, transportation, tax deductions. If according to the calculation results it turns out that the income will be insignificant, think about whether it is better to do some other type of business.