2. The ability to identify business opportunity is the main
aim of a businessman. For bringing opportunities,
technologies are required.
Many innovative ideas are used in bringing
opportunities for business. Researches are done and
products details are studied in details.
3.
4. Steps for Business Opportunities
Generation of ideas
Screening process
Concepts formulation for Business
Analysis of information
Customized solutions
5. It is very important to understand and work on the needs and
requirements of people. So for this new and creative ideas
should be generated which will help in business.
6. Screening process can be personal level or firm-level
screening. In personal screening process, educational and
training background, business networks and contacts are
included.
Firm level screening includes technology related issues,skills
requirement, availability of raw materials,financial
requirements etc are included.
7. For business concept formulation, resource analysis in which
strengths and weaknesses are identified. It involves methods
and management for formulation of business.
8. Analysis and gathering of information should be first priority
and should be studied in detailed.
9. Get customized solutions for your business. Customized
solutions means all the technologies and services that are
used for the customers.
