- Created by: AbbieOag
- Created on: 01-11-18 14:21
Start ups need to show potential investors there is a market for their product
Factors which start ups will consider:
Is there a gap in the market?
Are there competitors?
- Will the busiess make a profit?
What are the current market trends?
What is the likely demand for the product?
- How much will it cost to produce?
Developing a business:
Developing a business needs to generate new ideas; otherwise its products can be old and outdated and this can cause customersto switch and purchase competitors products. When making decisions, the business…