John is looking for a new client management software for his real estate business. He has looked around the market and is unsatisfied with the available options. Each platform has some of the features he wants, but there is no program which combines all the features into one system. John considers creating a company to develop the software himself. What are the things John needs to consider?

a. Ability of industry incumbents to promote regulatory burdens to keep him out of the market

b. The attractiveness of the industry (buyer power, supplier power, competitive threat, availability of substitutes, and threat of new entrants)

c. The laws and regulations by which he will need to abide

d. All of these

Hide Feedback