If you want to reduce the amount of time it takes to find a profitable niche you could do no worse than to take a look at the example set by big business. Have you ever noticed that when a new Wal Mart opens up in a new area they are quickly followed by smaller stores. or when McDonalds opens up soon after you'll find a new Wendy's close by. When Starbucks open up what happens? Smaller coffee stores spring up in the area. Why do you think this is? The market leaders spend a lot of time and money on researching new locations. Do the smaller stores do the same research? Of course not they … [Read more...]