How to know the community needs to start a new business

[cherry123]

it is always good to find out what a region or community need if you want to start a new business. You might just need to get valuable information on the socio-economic status, health, education needs of the community. Then you can choose one aspect you might want to sell products on.

To identify the needs of your community you can start with researching existing data sources to know areas or products they need.

You can also take a survey. You can also get some reports or carry out studies on this

 

[nomad]

In the past, a businesses would be started by identifying the need and fulfilling that need through a product or service. But these days you just producer the product and sell it through aggressive marketing.

 

[Stardom22]

I think that the conducting of a vivid market research can definitely drive one to that point.

 

[Shavkat]

It can be known this concern if the businessman conducted a business feasibility study. It is a standard practice.

 

[Fidelia]

You can also speak to locals to have a hint of what the community desperately needs and they consider pressing.

 

[Shavkat]

You can also speak to locals to have a hint of what the community desperately needs and they consider pressing.

I agree with you. We can also have the survey to know what are their needs. In this way, we can provide their needs.

 

[eldavis]

The best way to go about this is through research. Take out time to discuss with various people in the community.

 

[Shavkat]

The best way to go about this is through research. Take out time to discuss with various people in the community.

It is standard protocol to do research before addressing the needs of the community. Then, they can do the community projects according to their plans.