Enterprise and Entrepreneurship | Car Wash Industry

Running head: ENTERPRISE AND ENTREPRENEURSHIP
Entrepreneurship
Name of the Student:
Name of the University:
Author’s Note:

ENTREPRENUERSHIP1
Table of Contents
Part 1: Business Plan Pitch..............................................................................................................2
1 Motivation of the Choice of Business......................................................................................2
2 Process of Generating the Business Idea..................................................................................2
3. Feasibility Test.........................................................................................................................2
4. Details of Services...................................................................................................................3
5. Potential Market Opportunities................................................................................................3
6. Attractiveness of Industry........................................................................................................3
7. Vision of Business...................................................................................................................3
Part 2: Business Plan.......................................................................................................................4
Proposed Business Plan...............................................................................................................4
Innovation....................................................................................................................................5
Intellectual Property Right...........................................................................................................6
Customers....................................................................................................................................7
Competitors..................................................................................................................................8
Skills Analysis.............................................................................................................................9
Financial Analysis.......................................................................................................................9
Start-Up Cost Breakdown..........................................................................................................11
Vision of Business.....................................................................................................................11
Management Analysis and Business Feasibility........................................................................12

ENTREPRENUERSHIP2
References......................................................................................................................................13
Appendix........................................................................................................................................15
1) Start-Up Cost.........................................................................................................................15
2) Cash Flow..............................................................................................................................16

ENTREPRENUERSHIP3
Part 1: Business Plan Pitch
1 Motivation of the Choice of Business
Setting up a new business or venture especially in the field of service industry could be
fun, profitable and a learning one which would be well enabling a entrepreneur well understand
the various aspects about the market. The new start-up business plan upon which we well plan to
carry out or services will be in the field of Car-Wash Business Services. The key motivation for
well starting up the business in the field of Car Wash Services has been particularly decided
because of the increasing automobiles and car wash industry that has been growing at a booming
rate with increased number of demands that existing companies are observing (Wagner 2019).
2 Process of Generating the Business Idea
It was well observed that around 8,000 hand car washes engage in illegal activity and the
Environmental Audit Committee has well warned about the issues that are generally due to
cleaning agents used that can well cause chemical burns to the workers. While on the other hand,
untreated wash water gives a toxic effect to both plant life and animals. Now seeing the current
business environment it was well decided to set up an business in the same industry which would
be complying with all the compliances so that the company not only complies with the set rules
and conditions by the Audit Committee but also create a brand value and goodwill in the
industry. On the other hand high profit margins and demands for the current business services
were other key facts analysed.