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Got an idea for a business? How to know if it’s a good one…

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When is a business idea a good idea?

The Money Show’s Bruce Whitfield interviewed Aurik Business Incubator Director and CEO Pavlo Phitidis for his weekly small business feature.

Phitidis took calls from listeners and put their ideas to the test.

Scroll down for quotes from the audio below.

The number of people who take their ideas to their graves is huge.

Pavlo Phitids, Aurik Business Incubator

If you have a need that can’t be met; that’s a good place to work from.

Pavlo Phitids, Aurik Business Incubator

Is there a route to the market?

Pavlo Phitids, Aurik Business Incubator

Do you have money and resources behind you to realise your idea?

Pavlo Phitids, Aurik Business Incubator

Does your idea already exist?

Pavlo Phitids, Aurik Business Incubator

Your idea has to be acceptable to customers.

Pavlo Phitids, Aurik Business Incubator

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