Is it a business opportunity or just a good idea? Here’s how you can tell
February 21, 2023
A good idea is just that — an idea. But if it’s a great idea it will make money, solve problems, have viable markets and offer goods at prices consumers are willing to pay. So, if your new service or product fulfills a need or fills a void, check out how willing people will be to pay for your idea. Start by conducting market research.