HOW TO GATHER BUSINESS INFORMATION AND FACTS FOR AN EFFECTIVE ANANLYSIS:
- You could itemise the list of you main products and services
- Identify major business in the are
- Demand for the products or services from these existing businesses (potential competitors).
- While you are around the business study their systems. Study them to understand what they do and what they do not do.
- Study to know what customers want that are not offered.
- Mingle with people around and tactically direct discussion into area burdening around business in you proposed area. Ask questions calculative, gather feedbacks.
- Be careful and systematic in the process of information and feedback gathering so that you don’t get emotional and biased information. Be sure who to open up to and who not, remember, business is a warfare, and in warfare, the act of spying is a tool but in this case, your spying shouldn’t engage media that go the laws of the land. Nigeria graduates is an Eye opener, a Revelation and Secret of immense value.
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