What business research should we conduct?

[Bousine123]

You can try, effect of the pandemic on food prices, and other businesses, or " effect of covid-19 on offline businesses " or " How online businesses over experience a boom period during the pandemic".

 

[Sotherefore]

When engaging in business download of research I personally would like to consider before starting up a business, the availability of buyers preferably a crowded location, type of products they are interested depending on tribe, religion or race.

 

[Shigobad2020]

Here is why your company should conduct business market research:

• Identify the problem areas in your business
• Understand the needs of existing customers and why they chose your service over competitors
• Identify new business opportunities and changing market trends

A good businessman must be able to identify threat coming to the company and also have the ability to see new business opportunities, and use them to hi own advantages.

 

[HayKay]

Areas of business research you should carry out should include the market acceptability and capacity of the market; related products that could be upsells, the Geo location research as well amongst others.

 

[Good-Person]

There are various kinds of researches you might be needing to conduct before starting out your business. I think the very first thing you must consider is the demand of the products you are offering. if there is no demand, there is no business. This is what I think.

 

[Shigobad2020]

In debating about the business research we should conduct before starting the business, first you need to make research concerning the probability of your new market or stock been needed in the area and is your location good enough for the business.

You can try, effect of the pandemic on food prices, and other businesses, or " effect of covid-19 on offline businesses " or " How online businesses over experience a boom period during the pandemic".

 

[tyrim88]

First thing is first, what the business is all about. If it has to do with buying and selling then you will have to look at location where such product will thrive. You should also look at the quality you're going with and as well as what it will take you to set the business up. You can as well look at your likely top up annually.

Another thing to look out for is the customers prefrence and their attitude towards a product,then the location and the strategy one would be employing to get customers,because the livewire of any business is the customer.

 

[Lucy ID]

When one wants to start a business to carry out certain research they are certain things to watch out for or research for, research about the market, if the market wants that business, number of persons interested in it, available of resources needed and many others

 

[zelalem]

When you talk about business strategy or business research, you have to treat everything carefully so that your business is successful and you can go to any business you are thinking of.

 

[Setho]

I believe that you should also be able to monitor your competition and how they are behaving in their own business. This is going to teach you a lot about customer practices as well as pricing policy.

 

[Smiles20]

You should be able to know every prospect about your business before you should even venture into it in the first place. You should research about your customers and then two people that can be able to be your competitors as well as location and pricings.

 

[Setho]

It is very important that you should be able to know everything about your competitors if you want to be successful in business. This is going to include their business model and also their vision and mission statement.

 

[Shigobad2020]

It is very important that you should be able to know everything about your competitors if you want to be successful in business. This is going to include their business model and also their vision and mission statement.

Research on your competitors ariund you is very important aspect that you need to solve if you want your business to survive, you need to make a research on how to beat them.

 

[Sincerem]

If I am going into any business. The research I will do will be best on the population of people. Availability of raw material for production and most important the location must have a good road network for easier transportation of goods.

 

[Shigobad2020]

You should be able to know every prospect about your business before you should even venture into it in the first place. You should research about your customers and then two people that can be able to be your competitors as well as location and pricings.

Knowing everything concerning your business and doing all the neccesary research to know about the sales , how to get the products and the location that befits your company should be the first priority.

 

[Setho]

It depends on the type of business you want to venture into it they are different types of business you can do research on . It is advicerble to do research on any kind of business you want to start no matter how small it is and no matter how big is it give it some time do research on it and then you can venture into it.

No matter what a business research is something that should include research about your prospective customers as well as your competitors so that you can know how to use it to your advantage.

 

[Smiles20]

You should make a list of all your strengths and weaknesses coming into a business and then you should try to research about them all to see how you can improve on it.

 

[Syldan]

As a business entrepreneur it's always advisable you should embark on a general research which will enable you to have knowledge about the business in general like how the business can be run, when it should be started, and were it should be done.

 

[Ghost]

I am trying to think of what business research should we do as we are proposing a research title to our professor in the next two weeks. Do you have an idea in mind that could help me? It could be anything about finance, business related. My other team member thought about how the pandemic has affected the business but we are gonna need a review related literature for it.

Because everyone is focusing on the negatives impact of the lockdown. Why not research on the business that actually registered success during this period

 

[Godspower]

I am trying to think of what business research should we do as we are proposing a research title to our professor in the next two weeks. Do you have an idea in mind that could help me? It could be anything about finance, business related. My other team member thought about how the pandemic has affected the business but we are gonna need a review related literature for it.

Why not think of something different? You could possibly do a research on the the possible businesses that are bound to boom in the future. Or maybe you could do a research on crypto currency.