Entrepreneur/Start-up

Concept creation, viability studies, location research, names and faces

Entrepreneurship, its a word that many people hear and wish they could be a part of. The idea of running your own business is exciting and inspires thoughts of freedom and rewards. But all too often those dreams come crashing to the ground within the first couple years. We've all seen it, we've all seen that one store in our towns that seem to change every two years. Maybe it was a hair salon, then next a thrift shop, or an oddly named cafe that never caught on. There is a reason those revolving door establishments exist. Too often the business was doomed to failure from the start.

Location, location, location. You hear it all the time, yet far too often by entrepreneurs this huge aspet of success is overlooked. We can research your location choices and local business trends and advise. Don't let your startup fail before its even off the ground. Don't force a round peg into a square hole. There is a reason why businesses fail, the key is to forsee them before they happen. This does not take a psychic, this takes research. It takes exhaustive and detail oriented research.

Another aspect too often overlooked is the target market. Is your product or service viable? Can the local community infrastructure support your idea? Is there a saturation in the local market? Or does the absence of a product or service indicate a lack of sustainability? These are all questions that need to be answered, and these are all things you must answer for potential lenders or venture capital pitches. What makes your service or store special? Why can it succeed where others have failed?

©Axcellius 2010