Leo is thinking about opening a greeting card store on the main street in his small town. In addition to thinking about the business's feasibility in terms of the customers ne hopes to attract, which aspects of feasibility should Leo prioritize during his initial research?
(1 point)
Oskills, abilities
laws, codes
Otrends, competitors
Oresources, labor
1 answer
One aspect of feasibility that Leo should prioritize during his initial research is trends and competitors. Understanding the current market trends and analyzing the competition in the greeting card industry will provide valuable insight into the potential success of his business. This research will help Leo determine the demand for greeting cards in the area and identify any gaps in the market that his store could fill. By staying informed about trends and competitors, Leo can make strategic decisions that will contribute to the success of his business.
1 answer