Comments on: How does our entrepreneur differentiate between a solid business opportunity and an infatuation? http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation At Home, Residual Internet Income Thu, 24 Mar 2011 18:34:23 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Good http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation/comment-page-1#comment-3196 Good Fri, 12 Mar 2010 00:47:59 +0000 http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation#comment-3196 research, research and research. You need to put some work to differentiate.<br><b>References : </b><br> research, research and research. You need to put some work to differentiate.
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]]> By: Ed Atun http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation/comment-page-1#comment-3195 Ed Atun Fri, 12 Mar 2010 00:41:59 +0000 http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation#comment-3195 The IRS says that a business makes money. An infatuation doesn't make money. The dream of every entrepreneur is to turn an infatuation into a solid business.<br><b>References : </b><br> The IRS says that a business makes money. An infatuation doesn’t make money. The dream of every entrepreneur is to turn an infatuation into a solid business.
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]]> By: jjt http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation/comment-page-1#comment-3194 jjt Fri, 12 Mar 2010 00:08:59 +0000 http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation#comment-3194 do your home work start with the BBB to see any complaints against existing owners<br><b>References : </b><br> do your home work start with the BBB to see any complaints against existing owners
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]]> By: Phedre http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation/comment-page-1#comment-3193 Phedre Thu, 11 Mar 2010 23:29:59 +0000 http://www.howsescandy.com/business-opportunity/how-does-our-entrepreneur-differentiate-between-a-solid-business-opportunity-and-an-infatuation#comment-3193 Research, research, research. How many of these businesses in your target location? How are they doing? Are there too many (market saturation)? What are their products like, will yours be better, worse or equal quality? What will it cost to run the business? What is your expected profit margin? is it higher or lower than the others like it? Do you have the support needed to run the business if you are ill? I would contact the Small Business Association in your area to get more ideas and some support. There will be other entrepreneurs who can help you through the decision making process.<br><b>References : </b><br> Research, research, research.
How many of these businesses in your target location?
How are they doing?
Are there too many (market saturation)?
What are their products like, will yours be better, worse or equal quality?
What will it cost to run the business?
What is your expected profit margin? is it higher or lower than the others like it?
Do you have the support needed to run the business if you are ill?

I would contact the Small Business Association in your area to get more ideas and some support. There will be other entrepreneurs who can help you through the decision making process.
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