Logan Marshall Green Business » how to identify and evaluate business ideas http://www.loganmarshall-green.com Latest Information About Green Business and Other Modern Business Fri, 27 Jan 2012 05:42:22 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Factors of Success and Failure of a Business Idea (I) http://www.loganmarshall-green.com/business-ideas/factors-of-success-and-failure-of-a-business-idea-i.html http://www.loganmarshall-green.com/business-ideas/factors-of-success-and-failure-of-a-business-idea-i.html#comments Mon, 21 Jun 2010 10:34:27 +0000 Rien Pfimmer http://www.loganmarshall-green.com/?p=12 Failure of a Business IdeaIf you know how to identify and evaluate business ideas, it’s time to move on. The way by which you get to decide whether to create a company may be different, but ultimately there is always an entrepreneur with an idea, really wanted and usually little else.

One of the main fears of the entrepreneur or entrepreneur is to know if your idea is good or not, whether it is viable as a business or not. Here too, experts help us by indicating the factors of success and failure of new businesses.

While not a complete test ideas can be very useful to reflect on the following factors:

Failure Factors

* Ignorance of the market
* Product or inadequate service
* Marketing Mistakes
* Ignorance of the fundamentals of running a business
* Lack of Planning

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