The most costly method of primary reserach would entail hiring a professional to work with a focus group to gather information. Whatever method is used, it is important to remember that a business owner or prospective owner should proceed with caution. Market research is a valuable tool but it cannot predict the future. With accurate data it can, however, provide direction for advertising and purchasing inventory. Also contact Wayne NBDC for assistance with market research conducted on a personal, confidential basis.
All information remains confidential and personal attention is given to each specific request.
One of the largest obstacles every prospective business owner faces is financial backing. Even veteran business owners are often faced with refinancing questions. Your NBDC representative can look at your situation and provide you with direction regarding loan packaging. Return to Top of Page Strategic Planning Strategic planning is essential when first developing a new business or expanding an existing business. Effective planning guarantees a promising future.