what it is generated by examining the goods and services sold in the community?
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Answers
Explanation:
Generally, you have to examine the goods and services that is being sold or rendered in your community to have an opportunity to create or improve if you are planning to invest in the future.
Answer:
We can directly say that business idea is generated by examining the goods and services sold in the community so we can write below business idea.
Explanation:
Generated by examining the goods and services sold in the community
All about Business Ideas:
Generally, you have to examine the goods and services that is being sold or rendered in your community to have an opportunity to create or improve if you are planning to invest in the future.
Mostly, these are product and services that have opportunities for development and growth to fulfil and determine the consumers needs in terms of quality of products and the services being rendered.
This also has to satisfy the demand of the community. In turn supply has to be adequate and the quality of services and products fulfil the customers demands and standards.
You will also need to examine the available sources of raw materials to make or improve and already existing product or service. Or, you can also sell the materials in its raw form or improve it or make into something that is new and much more innovative that the existing product or service.
It is important to study the techniques being used to reach out potential buyers or customers and what they are accustomed to by reading and learning from existing businesses. Like for example selecting the right area and the right type of consumers that you will target for your product or service.
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