How to Evaluate a Business Opportunity
Contents:Identify the NeedLimitations and Future ResearchInformation Processing Theory With market opportunity analysis, you’ll learn which business strategies will help you grow, along with their potential risks. Don’t launch your next product or service without doing your homework. If a business idea does have initial merit, you should also perform a more detailed business opportunity evaluation. One such method is the RAMP model developed by Ryan P. Allis, CEO of several successful marketing software and consulting companies. To thoroughly understand what...