Hello All,
I have searched this site but have not found an answer to this particular query, I hope that someone can help me.
I am in the process of preparing my business plan for a new Web Technologies start-up. As part of the plan a significant amount of Market Research must be done to identify a market for our service.
I have used the CSO and various government agencies to find reports on the state of the Market in the area, and although these are somewhat helpful, I am coming up short every time.
Basically I am looking for advice from those who have been through this before on how to find the "key market indicators" necessary to prove a market. I should mention that I am currently unemployed and I am trying to do as much Market Research as possible for free, as I do not have any extra funds to support it.
Despite endless searching I have not found the correct data to detail the state of the Market in that area of ICT.
Also, various extremely helpful publications such as Brian O Kane's "Starting a Business in Ireland" suggest that you supply an analysis of compeditors in the market, including their company size, turnover and profitability.
I really would appreciate any advice at all, as setting up a company on a shoestring is turning out to be quite a challenge!
Thank you in advance.
I have searched this site but have not found an answer to this particular query, I hope that someone can help me.
I am in the process of preparing my business plan for a new Web Technologies start-up. As part of the plan a significant amount of Market Research must be done to identify a market for our service.
I have used the CSO and various government agencies to find reports on the state of the Market in the area, and although these are somewhat helpful, I am coming up short every time.
Basically I am looking for advice from those who have been through this before on how to find the "key market indicators" necessary to prove a market. I should mention that I am currently unemployed and I am trying to do as much Market Research as possible for free, as I do not have any extra funds to support it.
Despite endless searching I have not found the correct data to detail the state of the Market in that area of ICT.
Also, various extremely helpful publications such as Brian O Kane's "Starting a Business in Ireland" suggest that you supply an analysis of compeditors in the market, including their company size, turnover and profitability.
- Where does one find this information (short of calling them up and asking them!)?
- Do companies release this information on a yearly basis, and if so where?
- If not, how is one expected to produce these figures?
- Where does one find out particular Market sizes in Ireland?
I really would appreciate any advice at all, as setting up a company on a shoestring is turning out to be quite a challenge!
Thank you in advance.