New business ideas and opportunities for carrying them out are everywhere. However, this doesn’t mean it is easy – creating, identifying and pursuing these ideas and opportunities takes hard work,…
Read More
Successful entrepreneurs possess multiple skills that enable them to take ideas and turn them into successful business ventures. Some of these skills will be innate, while others will be learned…
A feasibility study is a research project that seeks to identify any potential problems that might be encountered by a future project or business venture, work out if these problems can be…
A market feasibility study is a valuable activity for anyone starting a business to perform. These types of studies identify potential markets, look at what competition is out there, and analyse the…
A technical feasibility study is a form of assessment often carried out by companies before beginning a new project, or by entrepreneurs before starting a new business. The aim of…
The terms ‘invention’ and ‘innovation’ are often used interchangeably in business, yet there is a subtle but distinct difference between the meaning of the two words. Essentially, invention refers to…
Innovation is key to growth, as without innovation we do not get disruption. Without disruption, we do not get change, and without change we do not see businesses expanding. A definition of…
