Tag: Business
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Copying a Business Concept
We’re still on the topic for generating a small business concept and today we’re exploring the idea of copying a business concept. Think about and brainstorm the businesses that are currently successful on the market. Perhaps you can add your own twist to the same business idea the current players have provided. So where can…
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Spot a Gap in the Market
Spotting a gap in the market is one method for generating a business concept. Spotting a gap means that you identify a need or a want for a certain population of the market which isn’t currently being served. The gap in the market can occur because of a new technological advancement, a new invention, a…
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Generating Business Concepts
There are a number of ways to generate a business concept. I’ve been told that when I first started this blog that I assumed that you already had an idea that solves a problem that your business can solve. But I’ve neglected the other entrepreneurs out there who don’t have any ideas as of yet…
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Your Primary Aim
“Your Primary Aim” is the title of chapter 12 in the best-selling business book “The E-Myth Revisited” by Michael Gerber. (I really must recommend you buy this book – it is a must read for all small business owners!) If you read this chapter, it is all in agreement to my earlier blog posts. It…
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A Notebook is An Important Tool
The first step in planning a small business a acquiring a notebook. The notebook will be an important tool in the planning process, helping you to form ideas, take note of ideas and to record ideas so you are accountable for any decisions you make about your upcoming small business. Your notebook can be a…