Feasible business ideas are evaluated by analyzing the demand for the product or service, weighing the available resources and looking at the skills, talents and knowledge you have. The process of assessing your ideas involves reflecting on all the business ideas and income generating activities you have generated and zero down to three most promising ideas, looking critically … [Read more...] about How to Assess Your Business Idea
Choosing a Business
In starting a business, one of the most difficult decisions will be to select a business that is right for you. What is the business that you want to do where you can best achieve your goals? Where can you find a business idea that will really pay off? What are the best ventures to pursue today? These are but some of the questions of would-be entrepreneurs who know they want to … [Read more...] about How to Select a Business to Start
QUESTION ON Want to Start a Business, Where Do I Start? I am an artist, was a psychotherapist, taught art to kids and seniors, have a business degree as well. I am 47, divorced and want to start a home business. I am lost as to what to do. I really want to start a business, but where do I start? Please can you help? - Ivy ANSWER Advice by Tammy … [Read more...] about Want to Start a Business, Where Do I Start?
(Editor's Note: This article was first published on October 23, 2003. Wasserstein has since sold Archives Management, Inc., renamed as ArchivesOne, after turning it into the third largest records management company in the United States). Winning the entrepreneurial game hinges on several factors. As hundreds of thousands of new businesses are added each year, the odds of … [Read more...] about A.J. Wasserstein: Success Starts with the Right Choice of Business
It isn't the billions of ideas, that pop up in the minds of humans around the globe that make money. Very few ideas are worth the time it took for the thought. Most ideas are fleeting "sparks" that go no place and are forgotten before the next day. Of the ideas that are good, very few are followed up and ever end up as a worthwhile development in the market place. Most people … [Read more...] about How to Develop Money-Making Ideas