Yes, let us only think of a business idea we can manage well to avoid bankruptcy if not done well. We can always have good planning because we like the business idea we have to implement.
What's the best business idea?
- Thread starter astutimeliana723
- Start date
I have been thinking about many business ideas lately. However, the fact of the matter remains that I have not been able to think about an idea till now. I am currently thinking more about it.
Why not try a business through franchising the same way I did to my milk tea business?
Well, do you mean franchising a business by buying a franchise? There are a few investors who have invested in this sort of business. They tend to purchase franchise of popular brands and companies like McDonald's. However, this requires huge investments.
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- #70
Of course we have to. When a failure occurs, at least we still have a backup plan to overcome existing failures, so that the business will get back up and develop even better.Make sure we take a plan with the least risk to overcome the problem of failure.
Having a good business idea saves you from failure in business. There are ways to make them happen under your planning program.
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- #72
Yes, that's right, we must always have good business ideas, even to develop the business we are running now. Like thinking about what new products will sell well? What products are no longer in demand by the market so there is no need to stock up on goods, etc.
The business ideas are based on the goods or products we want to market. There are ideas like the locations of each product to attract buyers. Will it be right to give some discount and more.
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- #74
That's right, even an in-store product styling system is a business idea. Goods must be laid out in such a way as to attract buyers to buy their products. Items arranged carelessly then seem unattractive.
Probably, knowledge is always the first thing you need to prioritise to be successful in business. Once you have gotten the knowledge you need to put in the work to succeed.
Very apt, for me, the best business idea is the not really a particular business idea, rather it's an idea borne out of creativity, based on reality on ground and effective implementation, that is what I consider to be a best business idea.
There are many business ideas. However, I have always believed that the right business idea would work when the conditions and situation is suitable for people and it all depends on the circumstances.
The best business idea is a business idea that would bring about profitability and it will increase productivity. it is however very compulsory to put this into consideration whenever you are trying to create a business idea.
There is no such thing as the best business idea. Some people have managed to become rich just by selling tea and coffee, whereas companies have failed in business even when they are selling luxury cards. It all depends on how you do it.