A Fool and His Money

For a new business, this is very important. If you don’t choose the right niche right from the beginning, you can say goodbye to you business even before you start.

What makes a good niche? Here are some tips:

• Are you passionate about your niche?
• Do you know anything with regards to your niche?
• Will you make a recognisable contribution to it?
• Is there good money to be made?
• Is competition tough?
• Will this sustain you (And your family)?
• Do you have a lot of support?

These are some basic tips. I may post more in the future…

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