Research is the first step of any business plan

[tyrim88]

You're absolutely right. Having a mentor is another way to have knowledge of the business you want to venture into. Someone who has made it in the same type of business can help you and advice you when you're confused.

This is very correct,because when you submit yourself to the tutorllage of someone who has gone aheade of you in the sector you want to venture into,it saves you a lot of time and mistakes you would have done on the field.

 

[Sotherefore]

This is very correct,because when you submit yourself to the tutorllage of someone who has gone aheade of you in the sector you want to venture into,it saves you a lot of time and mistakes you would have done on the field.

Even if you are submitting yourself to people who are an expert in the type of area you are going into, you still have to do your own personal research to understand some things on your own before seeking advice from experts.

 

[Dowenship]

There are many businesses that are introduced into the market on a constant basis and each one of them is in that meeting specifically need or want that has been identified within a community or region. However, in order to be able to identify and his needs and wants one needs to be able to do research within their community. This research will involve finding out from people how they are likely to be exposed to marketing for their product and in this way they can maximize their marketing strategies. Also, it is important when it comes to deciding what product is going to be sold. Through the interaction with people of the community you are able to gather a lot of information about what they need, and you can place your business model on this.

There are many that feel research is something that only happens by your online methods. However, this sort of research requires interaction which can be achieved through possible surveys that you can conduct.

Apart from surveys what other methods do you think that businesses can use to obtain information about their upcoming business plans?

my business last year was an experience for me on ensuring as an entrepreneur you must make your research to be very indebth or else you might come against some challenges that you are not prepared for....

 

[tyrim88]

Even if you are submitting yourself to people who are an expert in the type of area you are going into, you still have to do your own personal research to understand some things on your own before seeking advice from experts.

Even if you are submitting yourself to people who are an expert in the type of area you are going into, you still have to do your own personal research to understand some things on your own before seeking advice from experts.

what i actually meant is in a situation where you must have done all your research and feasibility study,and what i meant was in parspective.Reason for this is that it would help you not to make the same mistake those who are into the sector has already made.

 

[Ezekiel]

Any body who wants to adventure into a particular business needs to understand what he wants to do it any the only way to do that is through research,when research is carried out first on the do don't of the business then success is not really far anymore

 

[Kelly5]

Without research properly carried out for your business or intended businesses, you might just be heading to the rocks. But with proper research dine your intended businesses, youve got better chance to keep the business running

 

[Psalmseen]

Exactly the point. Research is the major first step before you can start a businesses. Before you can think of starting a business, the first thing you should do is to make research a about the business, you need to know the business..

 

[Richard92]

When starting a business research can never be put aside for a future requirement.Before the commencement of any business ,there is always a research about the business.This means that there is a research department in all organisation that will make research about fact that concern the business.As companies believe that research is something very important that make their name go higher.

Yes that is true research is a the first step for every business plan before you go into business you must make a research and know how the business operates.

 

[Georgeadawara1]

That's true. Research is always the first time into commencing a project. Before a business is being started, a lot or research must be done about the resources needed for the business; how much they cost, where quality ones can be gotten. Also, the customers for such products must be looked into to be sure whether the business will make sales or not

 

[Mark04]

There are many businesses that are introduced into the market on a constant basis and each one of them is in that meeting specifically need or want that has been identified within a community or region. However, in order to be able to identify and his needs and wants one needs to be able to do research within their community. This research will involve finding out from people how they are likely to be exposed to marketing for their product and in this way they can maximize their marketing strategies. Also, it is important when it comes to deciding what product is going to be sold. Through the interaction with people of the community you are able to gather a lot of information about what they need, and you can place your business model on this.

There are many that feel research is something that only happens by your online methods. However, this sort of research requires interaction which can be achieved through possible surveys that you can conduct.

Apart from surveys what other methods do you think that businesses can use to obtain information about their upcoming business plans?

Yes it is good to make research first before any plan because it helps us to know what we are going into,know the resources involve and also the financial assets in the business plan and all that

 

[BrolySSJ]

my business last year was an experience for me on ensuring as an entrepreneur you must make your research to be very indebth or else you might come against some challenges that you are not prepared for....

That is why research is a good thing because it will allow for you to plan for these unforeseen circumstances and therefore you can generate more profit in this way, and also have a back up plan. this way you will also stress less as well.

 

[Dagm1]

Research study is actually extremely important prior to beginning a company. It is assist the business owner to understood exactly how important his services or product will certainly be actually to the public the variety of quantity individuals will certainly want to spend for the product and the very best place for business

 

[Filicit]

I remember when I started working on this gym investment idea back then in school when I was proposing that people do a referral that business failed though because I knew little about gymnastics and referrals

 

[Kingmarvex]

There are many businesses that are introduced into the market on a constant basis and each one of them is in that meeting specifically need or want that has been identified within a community or region. However, in order to be able to identify and his needs and wants one needs to be able to do research within their community. This research will involve finding out from people how they are likely to be exposed to marketing for their product and in this way they can maximize their marketing strategies. Also, it is important when it comes to deciding what product is going to be sold. Through the interaction with people of the community you are able to gather a lot of information about what they need, and you can place your business model on this.

There are many that feel research is something that only happens by your online methods. However, this sort of research requires interaction which can be achieved through possible surveys that you can conduct.

Apart from surveys what other methods do you think that businesses can use to obtain information about their upcoming business plans?

Research goes beyond surveys, inquiring from existing owners of venture or similar business you are going into is also important. You get to learn the positive and negative sides of it

 

[Chibson]

If you want to be successful in business then you should take research very seriously because it gives you knowledge and insights on how to succeed in that particular business.

 

[Ralphjoe]

Yes you would be needing that research a lot if you want to really make it any of your business endeavour. Without research you would be going into that business blind sort of and that won't be nice

I believe that research is quite needed at the earliest stage of starting up a business in fact when the business has not really even come to your head you should start researching about the business the knowing the pros and cons of that business in that particular location that you have been planning to start it up.

 

[Setho]

I strongly believe in what you have said and research will find his place as a very important method whenever you are trying to make a business plan.

 

[BrolySSJ]

Research goes beyond surveys, inquiring from existing owners of venture or similar business you are going into is also important. You get to learn the positive and negative sides of it

Exactly! The positives allows you to highlight those key aspects in your business whereas with all the negatives you can come up with counter measures in order to try and reduce the effect that it could have on your business as well.

 

[Lens]

The best thing to do before starting business is to have clear plans on ground. The plans would guide you through the business processes. It allows you to run your business without hassle coupled with the fact that you would be able to calculate your potential gains and as well prevent unnecessary losses. It's the best thing to do.

 

[Immilash1]

Research is the first step of any business plan.
Research is very important before starting a business.
It really helps in terms of investing money on the business.
And before starting business, first on the list is to start research on things about the business.you want to do.