Step 2: Identify a Business Opportunity
There are many ideas out there. However, not all ideas represent opportunities. An opportunity is defined as a situation where an idea can be exploited to make a profit. Your goal is to find an idea that can be exploited here in Greene County.
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OPPORTUNITIES IN GREENE COUNTY
- Order a copy of the Greene County Business Opportunities/Ideas through GCEDC that has been compiled based on an analysis of the county’s strengths and assets.
- Over 800 rural business opportunities in the areas of alternate crops, alternate livestock, agri-tourism, and rural non-ag businesses have been identified by the Rural Entrepreneur Network of Central Indiana.
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Did you know…Most ideas for businesses originate from other work or hobbies; sometimes the ideas are related to educational courses, chance happenings or suggestions. New Business in America, William J. Dennis Jr., The NFIB Research Foundation. |
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IDENTIFYING A LOCATION IN GREENE COUNTY
TIP: Once you have identified your opportunity, write a 1-2 sentence concept statement that includes the product/service, customer, benefit or value proposition and distribution channel. This concept statement can be used to quickly and effectively convey your business opportunity to potential investors, customers and business advisors.