Entrepreneur and Innovation | Mobile Care Wash Service

Running Head: ENTREPRENEUR AND INNOVATION
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Unit Name: Entrepreneur and Innovation
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1
ENTREPRENEUR AND INNOVATION
Executive summary
This report is on the entrepreneur of starting a mobile car wash service. This report states the
clear understanding of the new business process. Then its venture description, management,
marketing planning, competitors analysis, financial planning, risk and challenges faced by this
industry.

2
ENTREPRENEUR AND INNOVATION
Table of Contents
Introduction..........................................................................................................................3
Venture description..............................................................................................................3
Management........................................................................................................................4
Marketing plan.....................................................................................................................6
Competitors analysis............................................................................................................8
Financial analysis.................................................................................................................8
Risk and challenges.............................................................................................................9
Bibliography......................................................................................................................11
Appendix............................................................................................................................14

3
ENTREPRENEUR AND INNOVATION
Introduction
In the recent few years, the population of the car has increased a lot and still increasing at
a high rate. With the increase in the car, the need of taking care for the car has also been
increased. Especially owners of the branded or sports car like to keep their car clean all the time.
So the need for the car wash has arises with the increased population of cars. But owners does
not like to leave their car in the car wash station for the whole day so again the need arises which
leads to the idea of mobile car wash station. Mobile car wash is car wash service provider who
drives to the customer place with all the materials required for the car wash. It involves all the
steps from washing to drying then waxing and other requirements for taking care of the car. It is
convenient for the owner to wash their car at a reasonable cost and convenience. Car wash
industry is growing at a faster rate in the world making an annual revenue of more than $5
billion. This is industry is growing at rapid rate of 5 percent per year. Mobile car wash business
is easy to set up as it involves low capital to start the business. It can provide service to the
customer at more affordable price than any other car wash stations. The key points before setting
a car wash business is surveying and data collection from different localities. Car population in
the location is also necessary. Living standard of the people and the average number of passing
by a road is some of the vital data which forms an important part of this business. After the
completion of data collection selecting the proper area is necessary to start the business.
checking the government rules and regulation which can affect the car population in a particular
location.
Venture description
A new business need to be formed with the proper business plan and expectation to get
financial gain. New business need to be setup for continuous growth with less amount of capital.