Looking to start a business? As you can probably guess, starting a business doesn’t happen overnight. For new businesses to have the best chance of success you need to put the time in and do things the right way. In this video we break down one of the first and most important steps, research.
Before you can start a business you need to understand three key things, the market, your customers and your competition. Laying out this crucial groundwork will not only give you the knowledge you need to start your business but also help you to keep that research mindset moving forward, so you stay one step ahead and continue to do beautiful business.
Steps in the video:
00:00 – Introduction
00:27 – Market research
00:42 – Customer research
01:12 – Competitor research
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These videos are intended as a general guide only. Please consider what is best for your business. If you require further information specific to your business needs, please speak to your professional advisor/s