Identifying Business opportunities (Entrepreneurship Lecture - 11

After watching this video students will be able to understand the following concepts: 1. What is a Business opportunity? 2. Importance of Business opportunity 3. Traits of a Good Business opportunity Clarity Feasibility Relevance Scalability Profitability 4. Identify Business Opportunity Observe changes in the environment a) Social changes b) Political Changes c) Economic Changes d) understand problems/ Talk to your customers e)Find solution f) Conduct Competitor 5. Steps in Identification Of Business Opportunities #backbenchersacademy #bgsbu #cse #entrepreneur #entrepreneurship #identifyingbusinessopportunities