how do you know if your business idea will be successful?
i want to start a few web businesses,
one is a set of toys for young babysiters can bring to the job, like puzzles and puppets and markers, etc.
the other is toys for an educational playgroup for stay at home moms.
and the 3rd one is educational project kits for each holiday like thanksgiving, 4th of july, etc.
You may want to read the article “Evaluating Your Business Ideas and Products” http://www.powerhomebiz.com/vol13/evaluateideas.htm as it covers the factors you can check to make sure that your business idea will be successful.
Ask yourself the following questions when evaluating an idea for a business or product:
1. Does it satisfy or create a market need? I
2. Will the product maintain market appeal?
3. How unique is your product?
4. How useful is your product?
5. How much competition exists?
6. Have you priced your product competitively?
7. What is the level of difficulty in the creation or implementation of the product?
8. What are the growth possibilities?
9. Can I get backend sales?
10. Is the product safe?
11. Can my product be promoted with strong advertising copy?
12. Will you be left with an inventory?
Make Your Own Bunny Puppet Kit from Folkmanis