Research the first step in any business plan

[Kelly5]

This is very obvious isn't it? Because no body will just jump into any business that just think about simply because they feel they like the business

 

[jeff87]

Research is simply a way to find out what a particular thing is about and what it involves. One might have a business idea but don’t know on how tou do a research and enter the business and at the end it fails, that why it is very important to do a market research on the business idea you have. In business planing you first have to do a business research so you will be able to know how you are going to attack the market and form good strategies and how to plan you business so it will go on for a long time

I agree with you. Research is a way to find out things and its characteristics. a person may have a lot of ideas in business but because of lack of research those business ideas fail. Indeed it is very important to do market research. Business research should be made first before attacking the market. This is to ensure victory in the market.

 

[Alexandoy]

This is very obvious isn't it? Because no body will just jump into any business that just think about simply because they feel they like the business

You are right that it is obvious about research being the fist step. But I know of someone who opened a snack bar without even doing a little research. He didn't know that selling food needed a license with the sanitary department and the name of his business should be registered. He was confused and the business did not last long.

 

[Richard92]

research is really important if you are starting up a business earlyy because it is with the help of the research that you will have an understanding of what you will face in the business you are going into,the research can give a prediction of the actual amount that is needed to run the business successfully. The benefit of research are too numerous to mention.

Yes research is the first step in every business and one should make sure he makes good research before going into any business because this world will make he or she succeed in business.

 

[Hena101]

To do research before starting any business is very essential because failure to do that is like failing in the business even before you start it up .

 

[Sotherefore]

Yes research is the first step in every business and one should make sure he makes good research before going into any business because this world will make he or she succeed in business.

Yes people who do not make research about the type of business they will be going into may not know what the business will require of them and all other things that is needed for the business success.

 

[Richard92]

research is really important if you are starting up a business earlyy because it is with the help of the research that you will have an understanding of what you will face in the business you are going into,the research can give a prediction of the actual amount that is needed to run the business successfully. The benefit of research are too numerous to mention.

Yes I will say that research is the first step for a business plan with the is to be able to know the kind of business you want to start up before he starts it.

 

[Sotherefore]

Yes I will say that research is the first step for a business plan with the is to be able to know the kind of business you want to start up before he starts it.

I do not really have to know the type of business I am engaging into before I start, I can just decide to start up a random business as long as it is a business that is on high demand.

 

[Chibson]

Research is definitely very important for any business because if we have a lot of experience of the business, then success is sure.

 

[Jlife]

To do research before starting any business is very essential because failure to do that is like failing in the business even before you start it up .

Is there a lot of ways people can do research about the type of business they are going ,yes in general research is very important because it will help you to know everything about the business.

 

[HayKay]

These are the kind of threads that should be bookmarked, shared on different social media and blogs.
Knowledge is key, a lot of start ups fail to put this into cognisance - they just dive in. Some don't improve and are left behind when new developments are discovered

 

[Setfragil]

You first need to have the knowledge and experience of the business before you research the market on how to survive or take over from your other business competitors.

 

[Thinker009]

Yeah research is the first step , you could make market research and many other factors to Know the consumer rating and the demand , before putting your product in the market for sale

 

[Kingstone]

The importance of proper research cannot be overemphasized. It is very important to know the nukes and crannies of the business you want to go into to avoid running losses. To fail to research is the beginning of the downfall of the business

 

[Setfragil]

Research is very good when we want to establish a business, it gives us the details of what the business is all about and what to expect from the business and how to run it successfully.

 

[Chibson]

make a research and brainstorming is the first thing anyone who wants to venture into any business should do because it will go a long way in helping the person run the business successfully.

 

[Filicit]

Research is definitely the main factor to consider before other things should be considered, research would help you to get information about the feasibility of your idea to start with.

 

[akinlolu99]

For any business to break ground it is highly important to research is done about the business about what the business entails about the oppositions of the business location where the business will hold there are many things that should be researched on about the class of people the business is targeting and so on.

 

[Snazzy001]

You have to include research making as one of the plans in your business plans because you have to gather informations on the kind of business you are about to go into and how successful it can be

 

[eLdavis]

You have to include research making as one of the plans in your business plans because you have to gather informations on the kind of business you are about to go into and how successful it can be

You would even need to make some research before you can even create your business plan, especially if you are making plans about your targeted audience, research must be made.