How to Run Your Business by The Book - Deepstash
Ways of Becoming a Business Machine:-

Good Business Ideas Are All Around You.Wondering how to come up with a business idea? Well, business ideas are all around you. Some come from a careful analysis of market t...

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How to Run Your Business by The Book

How to Run Your Business by The Book

by Dave Anderson

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1) Examine your own skill set for business ideas

Do you have a talent or proven track record that could become the basis of a profitable business?

The other day I spoke to a man who had spent years managing cleaning services at a hospital. ...

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2) Keep up with current events and be ready to take advantage

If you watch the news regularly with the conscious intent of coming up with a business idea, you'll be amazed at how many business opportunities your brain generates. Keeping up with current events...

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3) Invent a new product or service

The key to coming up with business ideas for a new product or service is to identify a market need that's not being met. For example, back in 2004 a Harvard University psychology student named Mark...

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4) Add value to an existing product

The difference between raw wood and finished lumber is a good example of putting a product through an additional process which increases its value, but additional processes are not the only way val...

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5) Investigate other markets

Some business ideas aren't suited to local consumption - but appeal greatly to a foreign market. My own little town is surrounded by acres of wild blueberries. For years the bushes produced berries...

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6) Improve an existing product or service

You know what they say about the person who builds a better mousetrap. That person could be you! A local entrepreneur has created an improved version of the hula hoop; it's bigger and heavier so hu...

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Tips for Coming Up With a Business Idea

Write your ideas down. Let them swirl around in your head and coalesce. And keep an open mind and continue to assess everything you read and hear from an entrepreneurial point of view.

You do...

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