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So, you’ve had the idea that you reckon is going to change the world or maybe even just change your world. Either way, before that idea becomes a full blown business, you’ve got to do a little research. Well...quite frankly... a lot of research. Of course, what you research will depend a lot on what type of business you plan to startup, although there are some basic elements that are p...
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We have in recent weeks written articles on Starting a Warehouse Business and Starting a B&B Business and this weeks its the turn of Starting a Jewellery Business...and, we'll start this post with a little asterisk...here it is* *It's alright saying that you want to start a jewellery business and that's great - however like any creative job, role, or business, we are going to have to ass...
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Quantitative market research is the use of numerical analysis to provide information useful to businesses. It is often about asking and surveying your potential client’s feedback on your business idea, product, or service, and collecting information relating to a company’s potential customers. It allows start-up entrepreneurs, managers, and businesses to make decisions based on co...
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So you’ve had an idea for a business. You tell your nearest and dearest about it and they all think it’s wonderful. But are they right? Well unless your target market consists entirely of your friends and family, probably not. One of the most important things to do when considering starting a business is market research. It really is essential to do this thoroughly as soon as you ...
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An integral part of any business plan is of course the Market Research. Before you can really move on with your concept or idea, it’s essential to undertake sufficient research so that you can get a real insight into your target market. There are several ways of doing this research - from doing vox pops in the street through to creating focus groups. One of the most efficient and accurate wa...
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Whilst many of us may harbour ideas for businesses, not all of us will act on them and it’s often the case that we have an idea, do nothing about it and then months, maybe years later we see someone who has acted on that very idea and created a business. We may get annoyed - have a little rant perhaps - “But I thought of that first..” or even “ Why didn’t I bother doi...
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