who is business ideas
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Step-by-step explanation:
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A business idea is a concept that can be used for financial gain that is usually centered on a product or service that can be offered for money. An idea is the base of the pyramid when it comes to the business as a whole.
The characteristics of a promising business idea are:
Innovative
Unique
Problem solving
Profitable
A business idea is often linked to its creator who needs to identify the business' value proposition in order to launch to market and establish competitive advantage.
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A business concept is a statement that describes the reach and reason for the existence of a given business idea. In other words, it sums up the crucial elements that define the business.
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