Business ideas Flashcards

1
Q

Where do business ideas come from ?

A

Gap in the market, competition, market, trends, demand

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2
Q

What does developing business considerations consist of ?

A
  1. Adapting to changes in the economic climate ( legislation, availability of raw materials, sugar tax)
  2. Trends, how different industries affect one another
  3. Diversification, especially in challenging markets
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