Why might it be a good idea for a small business owner to create a market demand schedule?

Hello,

It would be a great idea to make a market demand plan/schedule.

Reason 1: If you Have a product you always want to know if there is a demand for it befor selling or making more of the product. If theres a high demand make more product maby you should reevaluate your product.

Reason 2: If you understand and keep track of the deman then you can plan when to release product. Also if the market is empty of your product then thats the best time to put it out. There will be less conpution and more profit for you. If there is a lot of makers for 1 product it may be a bad idea to sell your own because the deman for your produt will be less.

Hope this helps. Have a great day!

Let me socratic give a few mins