Business opportunity indentification .


 Business opportunity depend upon 1 feasibility 2 sustainability 3 profitability. It should have ability to exist, function,sustain and make profits. 

It should be viable also. 

It mainly goes with 5 P   1 PERSON 2 PRODUCT 3 PLACE 4 PRICE 5 PROMOTION. Sometimes governing  POLICIES are also important. 

PERSON  If owner have Strong business concept every one revolves around him.However He must have leadership qualities. He must have desire to win. He should cultivate winning strategy. Every day he has to win and learn. 

Business person should know how to coordinate with concern people.Workers, suppliers, coustomers and others.

Total team only makes good profits. You have to orgnize team spirit among the employees. 

Education is also important. It should be relevent to chosen business. 

Family background also decides good business opportunity. 

If you are from business community you may have to do hereditory business. 

PRODUCT Demand based on area is always important. It decides the product. In large industries area ancillary unit is Good opportunity.

In villages opportunity is based on agriculture produce. 

Products essential is also a great opportunity. 


Comments

Post a Comment

Popular posts from this blog

Active agriculture.

Image
FARM HOUSEHOLD  Cities are facing many problems. Population   density  is increasing every day.There is no system to control this.Number of vehicles in particular area( Vehicle Density)  is also important.Crowded places will be balanced in this way.To solve various problems cities facing we should go for FARM CITY . should reserve some plots for forest, agriculture and animals within city limits.These plots also can be used for solar farming.This will reduce traffic and pollution .There should be active agriculture cultivation.Population density will be reduced. Atmospheric peace will be restored.           Traffic is almost  curse to society. It has negative effects on atmosphere. Air is polluted.It makes noise which can be painful to our bodies.Traffic consumes fuels and human energy. It should be avoided.       Periodic Cultivation keeps earth in active state.Generally cultivation is not done in cities.Earth must ...
Read more

Personality Development.

Image
Good personality cannot be achieved by Accidents.  It is the result of consistant qualitative efforts.    Personality  wealth you have to earn, save in regular intervals.It becomes a strength in need It is like bank account where you can deposit money.     You have to assess inherent  wealth with You. You must be aware of it and Should use it frequently.  SWOT analysis Should be done to assess yourself.  S    strength  W weakness  O opportunity  T threat.  This analysis should be done on regular basis. Physical strength, mental strength,intelignce are most important aspects of personality. Leadership qualities, ability to solve problems define your personality. Feedbac  analysis have to develop with experience.  About weakness find out from others.List the weakness in you.Every weakness have their own remedies.You might be weakness in public speaking.Overcome by doing training and practices.  ...
Read more