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2. Business idea - Wikipedia

   en.wikipedia.org/wiki/Business_idea

   Characteristics of a Promising Business Idea. Innovative: They introduce new or improved products, services, or processes. Unique: They offer something that is not readily available in the market. Problem solving: They address specific problems or fulfill unmet needs. Profitable: They have a clear path to financial sustainability.

3. Problem solving - Wikipedia

   en.wikipedia.org/wiki/Problem_solving

   The former is an example of simple problem solving (SPS) addressing one issue, whereas the latter is complex problem solving (CPS) with multiple interrelated obstacles. [1] Another classification of problem-solving tasks is into well-defined problems with specific obstacles and goals, and ill-defined problems in which the current situation is ...

4. Turn Problems Into Profits: Solving Everyday Issues With ...

   www.aol.com/turn-problems-profits-solving...

   Starting a business that solves this problem could be profitable and help people. For example, you might offer advice, financial literacy resources, and tips for reaching their financial goals.

5. Business plan - Wikipedia

   en.wikipedia.org/wiki/Business_plan

   For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.

6. Problem statement - Wikipedia

   en.wikipedia.org/wiki/Problem_statement

   A problem statement is a description of an issue to be addressed, or a condition to be improved upon. It identifies the gap between the current problem and goal. The first condition of solving a problem is understanding the problem, which can be done by way of a problem statement. [1]

7. Issue tree - Wikipedia

   en.wikipedia.org/wiki/Issue_tree

   An issue tree showing how a company can increase profitability: A profitability tree is an example of an issue tree. It looks at different ways in which a company can increase its profitability. Starting from the key question on the left, it breaks it down between revenues and costs, and break these down into further details.

8. Business analysis - Wikipedia

   en.wikipedia.org/wiki/Business_Analysis

   Business analysis is a professional discipline [1] focused on identifying business needs and determining solutions to business problems. [2] Solutions may include a software-systems development component, process improvements, or organizational changes, and may involve extensive analysis, strategic planning and policy development.

9. GROW model - Wikipedia

   en.wikipedia.org/wiki/GROW_model

   The following is a very simple example of using the GROW model to achieve a goal. This example deals with weight loss. If the client wants: "To bring my weight down to 120 pounds in three months and keep it down", that is their Goal. The more heartfelt and personal, the more meaningful the goal is to the person and the more likely they will be ...