Market Research for Entrepreneurs

In the first post of the series The Ultimate Checklist for Entrepreneurs, Innovators and Micro-enterprises the importance of doing good market research was discussed. The next step is to determine the type of business you want to be and then set up the correct legal entity to begin new business operations. Do this before you set up bank accounts or begin public operations even if you plan on being a home based business.

Setting up a Your New Venture – Pre-Legal Entity Selection Questions

By now you have done a fair amount of market research and have determined the method in which your new venture marketing plans will be carried out. With this information, now you need to determine what type of business that you want to have. Not everyone wants to be a corporate mogul or is seeking part-time income. In fact, many serial entrepreneurs enjoy setting up a company and then moving on to the next idea. Obviously, there are many questions that need to be asked, the key is to determine what is best for you. To help determine what is best for you answer the following questions first: Read the full article now