Many small business owners who have succeeded attest to this. Without the right skill sets or knowledge in running a business, it is bound to be short-lived. Knowledge about the market is also important since you’d want to offer something of value to customers, or which can satisfy their needs.
Having a pulse of the market is also important because it avoids duplication and spurs innovation. New small business ideas that can target a specific market – like online and offline Internet marketing information and training products – are also bound to attract market share and flourish. The key is …