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What attributes would you believe to be important when assessing a new business opportunity:?

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Question added by JODY BANKS
Date Posted: 2017/03/04
satish thakur
by satish thakur , NATIONAL SALES MANAGER

Good analysis of   market ,  mapping of market& target segment of customer  , strong distribution plan , demand creation , competitor  product analysis , Team management , cost factor.  Decision should   be based on  all above factor.

Renny Anggraeni
by Renny Anggraeni , Center Manager , PT.Tiang Harapan Edukasi

1. Locations

2. Mapping the market/ target clients

3. Marketing activity

4. Teamwork

5. building trust and gain a good relationship with the targeted clients

Debajit Basu
by Debajit Basu , Key Account Manager , Harvestech BMS

1) Understand requrements

2) Understand costing

3) Value benifit

4) Management

5) Team strength 

6) Define Goal

Muhammad Aqib Hayat
by Muhammad Aqib Hayat , Assistant Electrical Engineer , Digilog Electronics

According to me following are the important attributes

1) Budget

2) Targeted Area

3) Efficient Team

4) Proper Management

5) Ultimate Goal

Mujeeb Ahmed
by Mujeeb Ahmed , Asst. Sales Manager , Logitech (Pvt) Ltd.

Following are the most important attributes when assessing a new business opportunity.

1. Leadership.

2. Partnership Management.

3. Proof and clarity of innovative concept.

4. Business Planning & Marketing.

5. Triple Bottom Line Planning.

6. Short & Long Term Benefits Management.

7. Community Engagement.

8. Risk Management

Mustanshir Patrawala
by Mustanshir Patrawala , Head Of IT , Gulf Diagnostic Center Hospital

According to me below are some ways to find and increase business opportunities:

1.) Focus on the core product.

2.) Create a Goal

2.) Keep the pitch simple.

3.) Stay true to who we are.

4.) Map our capabilities with the requirements of a target client, if not delegate.

5.) Utilize marketing tools that work best for us.

6.) Always crate a plan of action

7.) Implement only that plan of action.

Osama Anwar
by Osama Anwar , Research & Development Specialist , Abdul Latif Jameel Investments, SpecialProjects

Cash Control

Competition

Customer trends

Location

Risk factors

Mohammed Kamran Saeed
by Mohammed Kamran Saeed , Agency Development Manager , Max Life Insurance Company Ltd.

yes, both are equally important

Abdul Rehman
by Abdul Rehman , Electrical Engineer , Tamdeed Projects

Risk taking is the main attribute when assessing a new business opportunity. Business can include all sorts of risks therefore if you are a risk-taking person then you can be a good businessman. Also, you should have stable thinking so that you can control yourself in case of some loss in business. Further, you should have decision-making skills and be sharp-minded.

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