- July 25, 2006
- Posted by: Rosemarie Harvey
- Category: Uncategorized
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Is a good idea a good investment opportunity?
A good idea requires certain fundamental factors. It relates to market factors, competitive advantage, economics, management capability, and fatal flaws.
A good opportunity represents a product or service that must meet a real market need as it relates to its function, quality, durability, and price.
Source: Small Business Management, Longenecker et al. (2006)
The RH Question: How do you identify startup ideas?
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