That's why we asked a panel of Forbes Business Council members to share one way an aspiring business owner can determine if their idea is likely to succeed. Here are their recommendations for some "litmus tests" that entrepreneurs can use:Photos courtesy of the individual members1. Understand Daily Life In Your MarketA key to having a successful business in a particular market is to know that market. Spend Time On Market ResearchPerform proper due diligence and market research on your intended target customer. Market research will only go so far, especially if your idea is incredibly out of the box.

Source: Forbes October 21, 2019 17:15 UTC