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Hello, Please I'd like to know How I can set up a profitable business

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Develop a marketing plan. You will be able to network your business vehicle, pick up riders as industry partners, and attract revenue fuel in the form of customers by marketing and social networking based on the thorough definition and content of your plan. For further guidance on this type of planning, please see the answers to the following question here at the Micro Mentor Q&A Feature: https://www.micromentor.org/question/4871

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Think hard about the answers to these questions: 1. Who do I want as my customers? 2. What problem or need do they have that I want to solve? 3. What would constitute SUPERIOR VALUE for these customers, compared to alternatives? 4. How can I deliver this superior value to these customers? 5. How can I communicate my ability (product or service) before they make a purchase decision? 6. What barriers can I erect to keep competition out?

Use the answers to write a business plan, and test it out with mentors, potential investors, family & friends.

Report Chris's answer

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you can setup a profitable business by considering things such as: Who do I want as my customers? What problem or need do they have that I want to solve? What barriers will I encounter and so on

Report samuel's answer

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