Business Tip #2: Research And Analysis



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Once you have determined your niche you need to research it. There is a wealth of knowledge online that you can tap into very easily to do your research. First you’re going to want to start narrowing down what area of the market you are going to focus on specifically.

You can use Google Adword’s keyword research tool, to look up market specific keywords and find out how many people are searching for your product or service. Also, you will want to start gathering information about how, why, and when people are purchasing your product or service.

Google Trends, is a useful resource for finding out what is going on in your specific market. Make sure you keep a detailed record of the information you are gathering so you can refer back to it throughout your business building process. It will be important to determine if you need any certifications, licenses, equipment or supplies to run your business. Make a list of everything you need to operate your business.

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Jenn and Albert are the Founders and Senior Editors of JennAndAlbert.com, which has been called "the best source for personal development empowerement on the internet today". Their videos are some of the most popular videos on YouTube. You should Fan Jenn & Albert on Facebook and Follow them on Twitter!

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  1. [...] Research and Analysis: Once you have determined your niche you need to research it. While you may be passionate about your niche or enjoy it as a hobby, it’s quite a different thing to do it as a business. There is a wealth of knowledge online that you can tap into very easily to do your research. Find out if you need any certifications, licenses, equipment or supplies. Find out everything you need to operate your business. [...]



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