How to Know if Your Business Idea Will Really Work (Hybrid Event)

Event description

This session will help you develop a strong business idea by walking you through simple steps to determine if your idea is feasible and if not, how to make it better.

Steps covered will include:

• Considering your business ideas  (What type of business do you want to start?)
• Assessing your resources  (How much will this endeavor cost, both financially and in time spent?)
• Reviewing industry regulations  (Every industry has them!)
• Defining your target market  (Who are you going to sell to? Hint - it’s not everyone!)
• Identifying your competitive advantage  (What do you have to offer that your competitors don’t?)
• Writing a business plan  (Yes, it is important!)