A specialist in business development could help Chandra determine if her business idea will work by educating her about how similar businesses develop. This knowledge will provide her with insights into market demand, financial projections, pricing strategies, and operational considerations, which are crucial for assessing the viability of starting her own alterations business.
Chandra has been working at a dry cleaner for about a year. She notices that much of the store’s revenue comes from alterations to women’s clothing and is wondering if there is enough revenue there to develop a business based on that. How could a specialist in business development help her determine if this will work?
(1 point )
Responses
By letting her gain experience is sewing.
By letting her gain experience is sewing.
By creating a marketing plan for a potential business.
By creating a marketing plan for a potential business.
By educating her about how similar businesses develop.
By educating her about how similar businesses develop.
By helping her find some silent partners or angel investors.
1 answer