Overview
You are stepping into the world of entrepreneurship. For this assignment pick an industry and a business you would like to own. This business must require the purchase of new or used equipment as an essential part of running the business (such as machine tooling, commercial stove top, dry-cleaning equipment, or commercial printing equipment.)
The business that would like to start is a small, local mom and pop grocery store. Please base your answer off of the questions.
Instructions
Write a one-page paper in which you:
- Describe the industry and the type of business you plan to start. Provide specific details, such as the location, type of customers, and closest or main competition.
- State why this type of business interests you.
- Indicate why you believe this business could be successful. Provide support for your rationale.