Chandra has been working at a dry cleaner for about a year. She notices that much of the store’s revenue comes from alterations to women’s clothing and is wondering if there is enough revenue there to develop a business based on that. How could a specialist in business development help her determine if this will work?
A. By letting her gain experience is sewing.
B. By creating a marketing plan for a potential business.
C. By educating her about how similar businesses develop.
D. By helping her find some silent partners or angel investors.
C. By educating her about how similar businesses develop.
A specialist in business development can help Chandra determine if starting a business based on alterations to women's clothing is feasible by educating her about how similar businesses in the industry have developed. This would involve analyzing market trends, conducting research on competitors, and understanding the potential market demand for such services. By gaining a better understanding of the industry and the factors that lead to success, Chandra can make a more informed decision about whether to pursue this business idea.