identified sources of idea

evaluating self assessment in terms of oneself

screening the feasibility of business opportunities

Choosing the best idea/opportunities

i.) Observation
Data is gathered by observation and recording the respondent's actions in an activity.

ii.) Experiments
Experiments or product sampling is another option.

iii.) Interviews
Field research covers interviews with customers, supplier, competitors and industry export

iv.) Surveys
Development  of a short questionnaire with respect to the targeted product .

i.) Reliable existing data
Information obtained from annual report of companies

ii.)  References
Published information from the library & internet

iii.) Mass media and electronic media
An entrepreneur may be able to duplicate businesses that are available in other place.