Go to eBay.com (if you are selling a product) or eLance.com (if you are selling a service), and type in the term for your product or service. From the resulting list, note the offerings that most closely match yours and check the prices posted. If possible, look for recent sales or contracts for your offering to see what people ended up paying for the goods or services.
Answer to relevant QuestionsCreate your own first-pass customer base. List family members, friends, people you know from religious, fraternal, civic and school organizations, and people who provide you goods and services. Look at the list again and ...Suppose you had arranged enough capital that you could either buy into an existing Outback Steak House or you could start your own independent steak house restaurant. What are the advantages and disadvantages of each ...Denise received a modest inheritance from a great aunt and wants to use it to buy a small business. Her problem is that she just doesn’t have the first idea how to go about finding a business to buy. Advise her. Do you think Dennis and Nick could have predicted they would start Enablemart when they started Mindnautilus? Why or why not? Think of the life cycles of an industry. Give an example of local businesses that are at the different stages, and be ready to defend your classification.
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