Elements that support the planning of business ideas.

A detailed explanation of the necessary elements to resolve situations that are hard to accept!

The other day, I received a consultation from a person in charge of a new business project who said, "We completed a business plan over six months and challenged ourselves to a project review, but the result was disappointing. I don't know what the cause was." Upon hearing their story, it seemed they had invested resources and worked diligently by thoroughly reading market research reports, collecting market needs information, and conducting marketing analysis. In general, during the idea generation stage for new businesses, a series of activities such as market research, environmental analysis, strength and weakness analysis, revenue forecasting, and financial analysis are conducted and compiled into a business plan. On the ground level, business ideas that utilize technologies under research and development or in the process of development face significant uncertainty in future predictions and struggle with quantitative data collection. On the other hand, management seeks business ideas with high certainty in terms of market share and profitability when making decisions about development investments. Even when the business ideas aim to create pillars for future businesses, conflicts between the two sides' opinions frequently arise. *For more details about the blog, you can view it through the related links. Please feel free to contact us for more information.*

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