Coming up with a business idea

A lot of people have become interested in setting up a business in Quebec in the last few years. Nothing quite like this has ever been seen before. Entrepreneurs from every walk of life, novice and seasoned, are asking the same questions: what products and services will be in demand in the next few years? What do my clients want? What are the new market trends? 

The success of your business will in part depend on the answers to these questions. These answers will shape your strategic choices. In other words, these questions are key to how you launch or develop your business.

However, finding a business idea or opportunity is not a matter of chance. Coming up with a profitable business idea to a large extent depends on your understanding of the activity sector that is connected to this idea. In essence, coming up with a business idea largely depends on the fit between an entrepreneur’s previous knowledge and the discovery. 

Advice from an expert

Jalila Temsamani

Jalila Temsamani
Business development
advisor - Accueil
DE – CLDG

“The information you need in order to come up with an innovative and profitable business idea unfortunately cannot always be found in one single spot. This means that the information you have may be incomplete, even contradictory. Only your skills and knowledge in the area will enable you to analyze and interpret the information and extract the idea you are after. Or you can surround yourself with competent and people you trust who will help you identify a business opportunity. Talking to experts in your respective areas will help you in your search. Just remember that you must always keep your focus on your client.”

  • Are you looking for some strategic advice?
    Our team of professionals can advise you or guide you to the resources you need.

DE-CLDG can help you

Contact us at 819-595-8002 or click here for more information about our organization.

Our services are free and confidential.

 
 

Pratical Information

6 tips for coming up with a business

  • Identify the irritants

    Identify and analyze the issues or irritants faced by a business, a consumer or an individual.

  • Import an idea

    Find out what is going on in other parts of the world that might fill a need in your area.

  • Ask around

    Ask the people around you (friends, colleagues, suppliers, etc.) and identify business opportunities.

  • Ask the experts

    Ask the experts to identify the products or services needed that are not offered by local businesses.

  • Observe the trends

    Observe the trends so you can predict the products and services that will be needed tomorrow.

  • Identify the gaps

    Identify the products and services to which you could add value.

 
  • More info? Contact Us: 819-595-8002
  • « DE – CLDG is there to serve entrepreneurs who have a business idea. For additional information, call 819-595-8002. Our services are free and confidential.