Ideas and Business Creation Analytical Essay by Top Papers
Ideas and Business Creation
This paper looks at business creation and related ideas.
# 136337
| 2,500 words
| 11 sources
| 2007
| 
Published
on Dec 01, 2007
in
Business
(Administration)
, Business
(Management)
, Business
(Marketing)
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Description:
In this article, the writer discusses that converting an idea into a business opportunity is a broad statement, describing the long and often difficult process of going from initial idea to a functioning business. The writer points out that entrepreneurship, starting and running a business, begins with spotting an attractive opportunity. This paper cites ways this might be done. It also discusses what factors might contribute towards success in running a small business.
From the Paper:
"That converting an idea into a business opportunity is the key element of the process of business creation is certainly a reasonable statement, perhaps almost a truism. Businesses do not just appear out of thin air, dropping down into an office or store wherever they happen to be located. Businesses must have a function, whether this is providing a service or producing a product. There has to be a market for the service or product, though part of successfully running a business consists of at least maintaining the market. The business starts with a perceived need, or ..."Cite this Analytical Essay:
APA Format
Ideas and Business Creation (2007, December 01)
Retrieved December 03, 2023, from https://www.academon.com/analytical-essay/ideas-and-business-creation-136337/
MLA Format
"Ideas and Business Creation" 01 December 2007.
Web. 03 December. 2023. <https://www.academon.com/analytical-essay/ideas-and-business-creation-136337/>