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How to Identify a Problem in Business?

Answer

The following are indicators of a possible business problem: the current customers are leaving, no new customers, the market thinks there is only one product or service, poor marketing plans and lack of staff to get marketing done, lack of certain marketing tools like a brochure or a presentation. Prices are too high or too low. Lack of a consistent image or brand and declining in profits.
Q&A Related to "How to Identify a Problem in Business"
1. Read newspapers, magazines and blogs. Trends tend to happen first in major world cities - look for news from London, Paris, Tokyo, New York, Los Angeles, Miami and San Francisco.
http://www.ehow.com/how_8559091_identify-trend-bus...
It has been noticed that it's typically difficult to identify business opportunities. But, first step to identify it is stability of our business. It's also essential to keep data
http://wiki.answers.com/Q/How_to_Identify_business...
1 Check your homeowner’s insurance policy to see what business property may already be covered. Many personal policies cover a small amount of business assets, usually $2,500
http://www.wikihow.com/Identify-Home-Business-Asse...
Listen. You may also want to get a job in the industry for a couple of months. Any level would do. I worked at a car dealership when I considered writing some software to run dealerships
http://www.quora.com/How-can-you-identify-business...
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