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Will you need to develop your business idea? If yes . How?

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Question added by Ahmad Talaat , Sales Supervisor , ( Esmaiel Bahman Company ( Moulinex
Date Posted: 2014/05/15
Maalik Muhamed
by Maalik Muhamed , Deputy Mill Manager , AZANIA GROUP OF COMPANYS

Having a great business idea is the easy part. Turning that into a successful business takes a whole lot of planning, research and commitment.Now the question comes how to develop your business idea? So you may Come up with an idea, Get feedback, Respond to feedback, Build a basic product, Open shop, Test what you've created,  Make adjustments, Get ready to grow and Stomp on the start-up accelerator.

zafar abbas minhas
by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

yes but idea needs backing of resourses,,, whenever i will have resourses, i will love to be my own boss.

Khatim Abbas Seed
by Khatim Abbas Seed , BUSINESS CONSULTANT , Google

Will I need to develop my business idea? Well, if I want to become an entrepeneur and a business owner, yes I will have to develop some idea into a monetization concept and profitable business. How?1. Conceptualize your raw idea into tangible draw-up and conduct Market Research.2. Carry out a Feasibility Study.3. If feasible, use your market research insights to comet up with DETAILED "realisation plans", missions, visions, insights, strategy, process, prognoses, operations, sales, marketing and FIGURES, meaning = a Business Plan. You can back it up by a seperate Marketing Plan & an Investment Plan to attract financing or investment.

Ahmad Talaat
by Ahmad Talaat , Sales Supervisor , ( Esmaiel Bahman Company ( Moulinex

Yes, so look at a business idea from four perspectives: company, customer, competitor and collaborator. analyses the relevant markets, Note down your ideas and expand them, Carry out competitive analysis, Model your business, Create,design, sketch your mockup and then test it, Execute a market survey, Develop your final product, Gathering customer feedback and measuring your business results

Ahmed Sharab
by Ahmed Sharab , Group CEO Advisor on Healthcare Business , YAS Holding

business development is very essential to survive in business world. If I understand your question correctly, then I would say that developing business ideas happenes all the time. All companies started with original ideas that developed as they matured. You can do this by developing products & services, making someting new, or eleminate somthing expired. Reaching new segment of clients. Adding new functions to old product. Having more communications & interactions with your customers. Providing more lovely & friendly customer atomsphere. Making sure that your customer is more satisfied. On the other hand devlopment could be risky and unstable, so should be performed after through comprehensive assessment & studies, so that a business can be stronger & smarter. Make your innovation more disciplaine and you will gain more success.

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