I have a new product i want to put on the market but i have no idea where to start. Where do i need to start and what is my best options
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The very first thing you need to do for ventures like this is to examine the technical and commercial feasibility of marketing the product you have in mind. For this you investigate and answer questions like can you procure or manufacture the product at a an economical price. Is there a market for sufficient volumes of the product? What kind of financial and other resources will be required, and do you have or can arrange these resources. Please remember to do this itself you will have to invest considerable time and effort and some money. And after spending all this, you may reach to the conclusion that it is not worth while pursuing this project further. But If you come to the conclusion that it is worthwhile going ahead for the project, then you should be prepared to spend more money on the project. A good feasibility itself will give you fairly good idea about the further course of action. Still if you feel that you need some more advice for starting your business venture the option is to hire a management consultant. If at this stage you neither have a idea yourself about how to take your project further, nor you you have the resources to hire the services of a consultant, chances are that the project is beyond your capacity, and it may not be wise to go ahead with it.
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