Money Making Ideas: How to Identify Profitable Business Ideas

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9781500348236: Money Making Ideas: How to Identify Profitable Business Ideas
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Have you ever wondered how much more enjoyable your life could be if you started your very own business? If you’ve ever thought about starting and running your own successful business – while avoiding some of the most common mistakes made by entrepreneurs or new business owners, then this might be the most important expert advice you’ll ever need to starting a profitable and successful business.

Did you know that a vast majority of new businesses fail in less than two years? Less than 1 per cent of business plans submitted to investors become successful in raising the capital. What could be the challenge?

Many new businesses or ventures fail for opportunity –related reasons. And these are the 3 main reasons: 1. Market Reasons – Perhaps the target market simply won’t buy. 2. Industry Reasons – It’s too easy for competition to steal your emerging market. 3. Entrepreneurial Reasons – The team may lack what it takes to execute the critical success factors to the pursued opportunity

These statistics clearly present an existence of a problem. Most entrepreneurs starting a business never test the feasibility of their new business ideas. Good business ideas are not necessarily feasible.

In this guide, the author gives the expert priceless advice you need to identify profitable business ideas that are money making ideas. Included in this guide – is every detail you need on how to write a business plan for your business ideas.

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