TRENDS

• • A trend often provides one of the greatestopportunities for starting a new venture, particularly when the entrepreneur can be at the start of a trend that lasts for a considerable period of time.
• • MARKET RESEARCH is very important in business. It is conducted to predict the product life cycle of business which involves customers, competitors and market as well as the strategies, marketing and sales.
• • TREND ANALYSIS is done to forecast future growth or decline in sales as well as the move of competitors.
• • Entrepreneurship plays an important role in the creation and growth of businesses, as well as in the growth and prosperity of regions and nations.