You can find local support in England for coming up with business ideas and developing them on the National Enterprise Network website. Let’s have a look at some of the concerns surrounding small business product development, andhow SMEs can drive productivityand make the most of their resources to ensure an effective process. The internet means that we as a global community are more connected than ever, so it’s easier to talk to people and find out what they want. You can research ideas across all business industries just by searching online and talking to customers from around the world. Talk to as many people as possible to help you tap into customers minds and passions.
- In addition, it is important to market your product to new demographics in order to grow your revenue stream.
- To find your optimum product offering, does it make sense to experiment with lots of products