There are a number of ways of developing new business opportunities and one of the most important of these is that of “recognising a gap in the market” and thereby identifying a consumer need, which enables a new product or service to be introduced. This can be exemplified where an entrepreneur recognises a business opportunity, for example, where there is no “fast food” outlet in an area highly frequented by students or where initiating a speedy car window washing service at a busy road junction…
A revolution in banking
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