Have you for once envisaged where an entrepreneur comes up with the
idea for his/her business? Basically, great sources of business ideas
abound. And it is always required to conduct an Effective Business Research before embarking on any business quest.

Observation is one of the best way to identify viable business sources. You must be able to observe the environment in which you live. Think through what you see, hear, smell, touch or feel, and you will see before your eye business opportunities that cannot be seen by an untrained eye.
“Even if you don’t have the perfect idea to begin with, you can likely adapt.” –Victoria Ransom.
The benefit of owning your own business can’t be over stressed. A good business idea could be an invention, a new product or service or an original idea or solution. Below are some of the sources of business ideas for start-ups:
. 1. GAPS IN THE MARKET THAT YOU CAN FILL:
The idea can be a need not being satisfied by the market currently. If there is such a need, then a market or business opportunity exists. Unless a business fills a gap it cannot thrive.
Without doubts, there are so many gaps waiting to be filled. Once you have identified a market gap, it is left for you as an entrepreneur to formulate a plan of action to tap the opportunity with a good idea or products.
“There’s nothing wrong with staying small. You can do big things with a small team.” – Jason Fried.
Whatever your idea is, you have to be sure that it fits your need as an individual, as well as a method no one has ever implemented before.
Observation is one of the best way to identify viable business sources. You must be able to observe the environment in which you live. Think through what you see, hear, smell, touch or feel, and you will see before your eye business opportunities that cannot be seen by an untrained eye.
“Even if you don’t have the perfect idea to begin with, you can likely adapt.” –Victoria Ransom.
The benefit of owning your own business can’t be over stressed. A good business idea could be an invention, a new product or service or an original idea or solution. Below are some of the sources of business ideas for start-ups:
. 1. GAPS IN THE MARKET THAT YOU CAN FILL:
The idea can be a need not being satisfied by the market currently. If there is such a need, then a market or business opportunity exists. Unless a business fills a gap it cannot thrive.
Without doubts, there are so many gaps waiting to be filled. Once you have identified a market gap, it is left for you as an entrepreneur to formulate a plan of action to tap the opportunity with a good idea or products.
- INVENTION OF A PPRODUCT OR SERVICE:
“There’s nothing wrong with staying small. You can do big things with a small team.” – Jason Fried.
- JOINING A FRANCHISE BUSINESS:
- BY NETWORK MARKETING:
Whatever your idea is, you have to be sure that it fits your need as an individual, as well as a method no one has ever implemented before.