Implementing eco-friendly practices to minimize waste, chemical runoff, and litter from land-based activities impacting marine ecosystems, ensuring a cleaner ocean for future generations.
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This step is an initial investigation into the market and industry to determine the feasibility of the proposed product or service. The objective is to gather essential information that will inform subsequent business development decisions. Key activities in this stage include: * Identifying target customers and their needs * Analyzing competitors and their offerings * Researching relevant market trends and statistics * Gathering insights into regulatory requirements and potential roadblocks The output of this step is a preliminary report outlining key findings, observations, and recommendations. This document serves as a foundation for further business development work and informs the decision-making process at subsequent stages. The information gathered in this step will help to validate or invalidate initial assumptions about the market and guide subsequent planning activities.
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