How to Spot a Business Opportunity


Knowing and understanding the competitive environment, as well as accurately conducting market research, is a sure-fire way to give you and your business idea the best chance of success. This course is for anyone who wants to start a business but doesn’t know where to start.

Created By

Sophara M

11-14, 14-16
Business

10 HOURS

10 LESSONS

How to Spot a Business Opportunity

academic-development

Course Overview



Business opportunities are out there. It’s how to spot them that makes you the next Elon Musk. Knowing and understanding the competitive environment, as well as accurately conducting market research, is a sure-fire way to give you and your business idea the best chance of success. This course is for anyone who wants to start a business but doesn’t know where to start. Over this dynamic course, we cover the role of businesses in society in the current age. We explore how to conduct market research to give our business ideas the best chance of success by following data, trends and facts. It’s all very well to have a business idea, but most businesses pivot at least three times before finding their niche. They do that, or they fail. And they pivot based on successfully listening to customer needs and wants and following data to fill those gaps based on accurate market research.

Course Content



10 LESSONS

10 HOURS Total Length

Lesson 1

The Dynamic Nature of Business

60 minutes

Lesson 2

Risk and Reward of Business

60 minutes

Lesson 3

The Role of Business Enterprise

60 minutes

Lesson 4

Customer Needs

60 minutes

Lesson 5

Market Research

60 minutes

Lesson 6

The Use of Market Research

60 minutes

Lesson 7

Market Segmentation

60 minutes

Lesson 8

The Competitive Environment

60 minutes

Lesson 9

How to Spot a Business Opportunity

60 minutes

Lesson 10

Interactive Quiz

60 minutes

Key Skills


Business

Mathematical Reasoning

Analytical Thinking

Critical Thinking

Problem Solving

Educator


Sophara M

All-Round Educator

Sophara combines her interest in teaching languages with business, English and geography. In her spare time, she also loves to dance and teaches adults professionally.