image

Finding and Evaluating the Opportunity

Is It Real and Large Enough?

Key Topics Covered in This Chapter

five characteristics of a genuine business opportunity

where to look for profitable opportunities

the process of opportunity evaluation

 

FRED MANAGED THE service department of a large automobile dealer of Japanese cars. With five years on the job as manager and many more as a mechanic, Fred understood the economics of the auto service business, and he saw what might be an opportunity.

“We’re selling more and more hybrid engine cars,” he told his brother at a family gathering. “The national organization estimates that hybrids will account ...

Get Build a Successful Business: The Entrepreneurship Collection (10 Items) now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.