Go through the checklist to find out how viable is your e-business idea:-
- What is the sales pitch for your e-business?
- What value are you adding?
- Is there real demand for your offering?
- Does your target market want your offering bad enough to pay?
- Is there any history of people paying for similar offerings?
- Is there any company that do similar things successful today?
- How large is the potential customer base?
- Who are your competitors?
- How will you be different?
- How much money and time can you afford to invest in this venture?
- How long can you sustain that level of involvement?
- What is the minimum time commitment you'll need to get the business to suceed?
- What is the minimum amount of revenue you'll need for this business to support you?
- If the business were to go really well, what is the most money you think you could make?
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