How to know the best business for a community

[Augusta]

it is good to run a business that would work in a community to avoid regrets . So how do you know a business that can work Inna community?

Look around and see what the community needs and start selling it

Ask people around for what they would love to buy but isn't available

Make your research and do your secret findings to take informed decision

 

[Starmix]

Know your target market, it's from them you will know what they need. As soon as you have the idea, create your plan and incorporate your business targets and capital.

 

[eLdavis]

One of the main aims of every business is to offer solution to an existing problem. Before setting up a business in your community or location, take out time to make some research on the problems the community is currently facing and how you can solve it.

 

[Starmix]

Another hint that it's what the community like is through observing the common goods they like. Check the sources of the goods and observe the. number of days they're all sold out. That inspires you to order more to your supplier.

 

[Fidelia]

In all you do, make sure that you consider the culture of the community before starting any business there. That would help you to avoid losses due to lack of patronage induced by the fact that the business is against company culture.

 

[freelancermaria]

Yes, market research is the key. Know what they need and provide a solution to their problem Get to know their demographics, behaviors, etc.

 

[Starmix]

We cannot just look around but investigate the people in the community on what they particularly need daily.

 

[Xtynehappy]

You can always know that by identifying the market gap on the locality for the kind of business that you are willing to start.

 

[Augusta]

To determine the best business for a community,. This involves market research, understanding the community's needs, resources, and existing businesses identifying gaps in the market, and understand the local competitive landscape.

 

[King Belieal]

You have to stel down into the innermost parts of the community to do a feasibility study. That would involve lots of interaction with stakeholders and residents.