Chapter 3

What are the following:

1.) Service Business

2.) Manufacturing Business

3.) Merchandising Business

4.) Tech Business

type of business

These processes are involved in _______:

Content Marketing beyond SEO

-E-Commerce

-Search Engine Optimization

-Products in Other Stores

-Pay Per Click Ads

-TV & Radio Advertising

-Physical Storefront

-Email Marketing

-Social Media Marketing

How are you going to sell your products and services?

________ is the very reason why a business exists.

- It answers the what and why.

business idea

The following are the _________:

-A gap in the market

-New product, service or invention

-An innovative solution to an everyday problem

-An interest or hobby that can be monetized

-Utilized skills you’ve learned in your career

Possible Reasons why A Business Exists

This is how you __________

- Examine your own skill set for a business idea

- Identify undeserved needs

- Invent a New Product or Service

- Add Value to an Existing Product

- Investigate Other Market

- Get on the Bandwagon

Identifying the Business Idea