1 step. Idea Every businessman should have an idea, otherwise what kind of business can we talk about? It is not necessary to come up with something new and supernatural, you can take an existing idea and find in it cons that can be improved. Releasing a product or service to a mature market is much easier than creating a new one!
2 step. Market analysis
After determining a business idea, it is necessary to analyze the current market situation. How much your product or service will be in demand for and for which target audience.
Also, market analysis will provide an opportunity to see the quality, prices and customer service of your future competitors. Continue reading
In order to figure out how to implement business intelligence, you need to understand how to work with it in general.
BI – a program and application for working with the analysis of company data.
There are three important steps to working with BI analytics:
real-time analytical processing
obtaining information and reporting
The benefits of working with BI are very great. By increasing the speed of data acquisition, you can make management decisions based on BI reports without waiting for IT analytics. Continue reading