By their nature, entrepreneurs are creative people. They have lots of ideas -- usually more than they can carry out. So it can be very important for entrepreneurs to focus on just one, or at most, a very few good ideas. If you are considering going into a new business, or making major changes (such as adding product lines) in an existing one, and you are trying to decide on what enterprise or enterprises that business should be based, focus on what you know you can produce and what you are sure you can market.
Note: Marketing is defined as everything you do to prepare your goods and services for the marketplace.
will help you use the procedure specified below to focus on some best business ideas. Following Worksheet 3, make a list of the products you are considering for your business, put check marks by those products you know you can produce and put a second check mark by those products you are sure you can market.
Further research is required on those products that don't have two checks before you should consider adopting them as part of your business product line.