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How do I know if my business idea is viable

Posted: Sat Jun 23, 2018 3:46 am
by IsabelHowell
How do I know if my business idea is viable

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Posted: Wed Nov 20, 2024 12:31 pm
by ZevStanton
Sure! Here are three different ways to figure out if your business idea is viable:

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Posted: Wed Nov 20, 2024 12:31 pm
by GideonDecker
**Market Research**: Start by checking if there’s a demand for what you’re offering. Talk to potential customers, run surveys, or even set up a small focus group. If people are excited about your idea and willing to pay for it, that's a good sign!

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Posted: Wed Nov 20, 2024 12:31 pm
by KareemCline
**Competition Analysis**: Look into what similar businesses are doing. If there are already a ton of competitors, think about how you can stand out. If you find a gap in the market or a unique twist on your idea, that could mean you’re onto something!