Ten Ideas to Expand or Start a Business

Business ideas are everywhere.  Consider the following:

1. Magazines, Internet and Newspapers.  There are often stories of products or services that are available in other regions but not in your business community. 
2. Expanding an existing product or service.  Add to what you already offer.  Maybe offer classes on how to use a product you sell.
3. Supply what is missing from the local market.  
4. Improve an existing product. Products often go through an evolution.  Build on what already exists. 
5. Partner with another business to service the products they sell.
6. Patent databases may provide a product already developed that you can distribute or manufacture.  Legal agreements with the patent owner(s) are necessary.
7. Visit tradeshows and exhibitions to see what is available.
8. Update previous products.  (your own or the competition's)
9. Ask people what they would like to see available locally
10. Expand your existing customer base by using internet, social networking and technology.