Online Test Banks
Score higher
See Online Test Banks
eLearning
Learning anything is easy
Browse Online Courses
Mobile Apps
Learning on the go
Explore Mobile Apps
Dummies Store
Shop for books and more
Start Shopping

The Attributes of a Winning Business Idea

Part of the Business Plans Kit For Dummies Cheat Sheet

Lots of businesses start with a great idea. Writing a business plan can help you refine that great idea and put it to its first test. Ask yourself these questions to evaluate your idea as you assemble your business plan:

  • Is your business idea something you really want to spend time doing?

  • Do you have the resources, connections, skills, and expertise to turn your business idea into a success story?

  • Can you explain your business idea in 25 words or less?

  • Does your business idea address or solve a real customer need, problem, or desire?

  • Will you offer something new or different than the competition?

  • Does your business idea take advantage of a new opportunity? Is your business idea the right one at the right time?

  • Will your business idea make money — and how fast?

Consider a line-up of positive answers a green light — first to start your business planning and then to launch your business.

  • Add a Comment
  • Print
  • Share
blog comments powered by Disqus

SERIES
Business Plans Kit For Dummies Cheat Sheet

Advertisement

Inside Dummies.com

Dummies.com Sweepstakes

Win $500. Easy.