HOW TO IDENTIFY A PROFITABLE BUSINESS IDEA: A STEP-BY-STEP GUIDE

Finding a profitable business idea is the foundation to building a sustainable business. A great business idea combines your unique skills with a scalable revenue model.Identify In-Demand Products or Services If there is no demand, no matter how exciting your idea is, it will fail to attract customers. How to determine if people need your produc

If you’ve ever envisioned of becoming your own boss, you’re in for an adventurous journey. Discovering Your Business NicheThe first step in building a business from scratch is discovering a solid idea. Start by assessing your skills, passions, and market trends. Reflect on the following: - What problems can I solve?- What kind of customers