Business questions to answer

solomon · Oct 3, 2024

Questions you must ask yourself before venturing into business; they are quite and are a must to ask yourself and answer them. Reasons being that one want to serve the public and it is for the public.
Here are some questions to contemplate on:
1. What is the need of the public?
2. What will be the solution to the need?
3. Can I offer the solution?
4. How can I offer them?
5.Do they need it now?

IB D · Oct 3, 2024

Ask yourself too if the public would love to pay for the solution that you want to provide.

Shavkat · Oct 3, 2024

All of these questions can be answered when a business owner conducts a business feasibility study.

eldavis · Oct 3, 2024

Whatever business you are starting, needs to be able to sort out the needs of the people around you, this is why you must know what the people needs before starting he business. Another question you should ask yourself is the level of risk the business carries and if you can handle it.

timewo · Oct 4, 2024

Sometimes there is demand for the service, yet bigger companies are robbing all the leads and orders, so it is not feasible.

Kera · Oct 4, 2024

Shavkat said:
All of these questions can be answered when a business owner conducts a business feasibility study.

That's true. A proper feasibility and a sincere evaluation would be able to answer all these questions and give you a proper guidance on what to do.

King Belieal · Oct 4, 2024

eldavis said:
Whatever business you are starting, needs to be able to sort out the needs of the people around you, this is why you must know what the people needs before starting he business. Another question you should ask yourself is the level of risk the business carries and if you can handle it.

That is the question of demand that every business should always ask. Not just solving the need. But asking yourself how desperately people want these needs solved for them so they can be willing to pay for it.

Nite · Oct 18, 2024

One needs to consider these questions before starting a business in order to make sure that they are meeting a genuine need and providing a valuable solution to the public.

cherry123 · Oct 19, 2024

For me it is always about what I can offer them to make profit if possible good profit off it. When you get it right you make money

Min George · Oct 19, 2024

Some people don't seek to explore the ways to offer the solution. They just rush in to offer solution that they don't find profit in for the market level.

Nite · Oct 20, 2024

Rushing in without considering the profitability or viability of the solution can lead to wasted time and resources.

Kosi G · Nov 12, 2024

One aspect that business people don't consider when setting up a business is timing. That is very important in solving a need. Is the market ready now or later?

Nite · Nov 13, 2024

Indeed, a product or service, no matter how innovative, can fail if introduced at an inappropriate time.

Business questions to answer

solomon

Complete Stranger

IB D

Well Known

Shavkat

Very Familiar

eldavis

Very Familiar

timewo

Notable

Kera

Notable

King Belieal

Notable

Nite

Notable

cherry123

Popular

Min George

Somewhat Known

Nite

Notable

Kosi G

Unfamiliar

Nite

Notable

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