First, many think that a small business should only initiate marketing research when it is making a profit. One should consider marketing research when the company needs all the help it can. Research can provide the information thats your business needs to get up and running.
Sometimes managers believe that unless research provides a complete description of a situation it is of no value.
Marketing research can help with both big and small decisions.
Don't always rely on survey information, sometimes the real information is at your back door for small business opportunities.
The misconception is that market research costs big money but this is not always the case.
Another misconception is that you can not do research unless you are a sophisticated researcher. You don't need a Ph.D. in marketing or statistics to do marketing research. It is mostly just hard work. Consult a good marketing research text and/or bring in a consultant for advice and then just dig in and do it.

