Daffodil International University

Entrepreneurship => Research on Entrepreneurship => Topic started by: Shah Alam Kabir Pramanik on May 25, 2016, 05:06:55 PM

Title: An entry strategy is simply the approach to getting started.
Post by: Shah Alam Kabir Pramanik on May 25, 2016, 05:06:55 PM

After identifying opportunities , it is time to evaluate these opportunities and examine ways to convert an opportunity into a business.
Sometimes opportunities require a specific entry strategies.
An entry strategy is simply the approach to getting started.
An entry strategy must match the entrepreneur’s situation, resources and goals.

Entry Strategies are


Have a Customer in Hand
Transition a Hobby/Interest into a Business
Build on Skills and Professional Abilities
Invent a Product/Service
Become a Franchisee or Licensee
Buy an Existing Business
Use Technology Systems
Look at Other Opportunities