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Reply #35: Try to get a bank to "invest" in your factory expansion... [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-05 08:25 AM
Response to Reply #21
35. Try to get a bank to "invest" in your factory expansion...
Edited on Sun Aug-28-05 08:27 AM by bvar22
..without an analysis of potential product demand (sales) and return on investment.

Try to "Start UP" a company and attract "Venture Capital" without market studies. The "Market Research" is the FIRST thing they want to see before they will EVEN START TALKING about your "Start Up".
You can't get through the door without comprehensive professional Market Research. No one will give you money without some reassurance that there is a valid DEMAND for your product or service.
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