Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Katoya jones

27/03/2021 Client: saad24vbs Deadline: 2 Day

Running head: ENTREPRENEURSHIP 1

ENTREPRENEURSHIP 4

Entrepreneurship

KaToya Jones

Dr. Ali Said

Financing Entrepreneurships

July 16, 2017

Entrepreneurship

An entrepreneur or a business man is a person who sees a good business venture and seizes it. An entrepreneur will take significant risks that an ordinary business person wouldn’t dare. He/ she manages several businesses and organizes them in such a way that the maximum profit is achieved (Kuratko, 2016). An upcoming entrepreneur should be patient enough. The starting of any business is difficult, but this fact doesn't call for panic. Also at times, the industry does realize profits immediately or within a small-time span as the businessman had anticipated. There lies a big difference between the theoretical idea of a business and the actualization or implementation of the business idea. Any philosophical business idea is always good on paper especially when it comes to the return numbers. However, this isn’t always the same case when the plan is implemented. The business may fail or pick up pace than expected. The success of any business idea depends on the amount of work and time that was poured into the research and analysis of the field. Not all factors are considered or included in a tentative business plan.

Since most folks in the projects and the have-not's neighborhoods can’t afford their washing machine, a twenty-four hours laundromat would be a viable business idea to implement in these areas. This kind of business is profitable and feasible because the investment money or the money used to set up the business would be returned in under a year. From then on, the investor would enjoy profits all year round. The main clients of such a business are the poor inhabitants of the neighborhood hence the prices for the washing machines need be affordable. This business is successful because people need clean clothes. The need to wear clean clothes and the need to clean clothes at a reasonable price go hand in hand (Chen et al., 2013). Another reason why this business idea is viable is that an entrepreneur will get the chance to meet and interact with people from different walks of life. The entrepreneur also improves the economy of the country for he creates job opportunities for the various employees he hires in the shop.

In a neighborhood, such as Compton in California, this business will boom. Compton is an area mostly occupied by impoverished people. The main disadvantage to this location is the crime rate. The crime rate in this area is considerably high. Hence if a business man is to choose Compton as the primary site to start the business, a lot of consideration should go into the implementation of both physical and technical security measures (Watson, 2015). For instance, the glass windows are reinforced to minimize bodily harm from physical trauma. Installation of security cameras in and around the business is paramount, especially in alleyways. CCTVs will scare away offenders. There should also be security guards available during all hours the mart is open. The main competitors to this business are Love Laundry, Laundry for Less, Uno Coin Laundry and Spin Cycle Laundry Lounge.

References

Chen, C. C., & Chiu, M. C. (2013). Redesign of product service system applying failure mode and effects analysis and importance performance analysis. In DS 75-4: Proceedings of the 19th International Conference on Engineering Design (ICED13), Design for Harmonies, Vol. 4: Product, Service and Systems Design, Seoul, Korea, 19-22.08. 2013.

Kuratko, D. F. (2016). Entrepreneurship: Theory, process, and practice. Cengage Learning.

Watson, S. (2015). Mundane objects in the city: Laundry practices and the making and remaking of public/private sociality and space in London and New York. Urban Studies, 52(5), 876-890.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Smart Tutor
Assignment Solver
Quality Homework Helper
ECFX Market
Assignment Hub
Quality Assignments
Writer Writer Name Offer Chat
Smart Tutor

ONLINE

Smart Tutor

I will cover all the points which you have mentioned in your project details.

$33 Chat With Writer
Assignment Solver

ONLINE

Assignment Solver

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$51 Chat With Writer
Quality Homework Helper

ONLINE

Quality Homework Helper

I am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time

$53 Chat With Writer
ECFX Market

ONLINE

ECFX Market

I will cover all the points which you have mentioned in your project details.

$16 Chat With Writer
Assignment Hub

ONLINE

Assignment Hub

I have read your project details. I can do this within your deadline.

$65 Chat With Writer
Quality Assignments

ONLINE

Quality Assignments

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$36 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Nursing and the Aging Family - English composition I - How to get brasso out of cracks - Fred lee virginia tech - Www hoselink com au - What is aid geography - P#1 - Rite of ordination of a priest - Cell phones use in school argumentative essay - Weed and seed declaration - Intro to biblical worldview - Written Assignment - Vortex company operates a retail store with two departments - Vce business management study design - Project 5 - Virtual owl pellet dissection answers - Week 5 EDG - Zinc telluride has a band gap of - Acetic anhydride production from acetone - Duel at araluen epub download - Personal Teaching Philosophy Essay - Benihana process flow diagram - Social Welfare Policy Paper - Alternator w terminal signal - S&p enterprises needs a cash budget for march - The impact of violent media - Acc 497 final exam answers - How to do map ratios - System Requirements documents assignment - Lucite singapore jurong island - Adeline yen mah siblings now - Elearning dpcdsb student login - Cesar rafael concio jr business - Module 4 Discussion - Concrete beam span depth ratio rule of thumb - Vsimile in the yellow wallpaper - Zf marine transmission fluid - Winner's sporting equipment manufactures sporting goods. selected costs from the past year include: - Parts of dc generator - Lab report heat of reaction - How to open axx files - Rercer - Burton mccall hastings road leicester - Belmont run apartments lexington ky reviews - Is toms shoes a nonprofit - Starchy luau tuber crossword clue - What example of cruelty at pencey does holden recount - Unit 1 Paper - Thomas clarkson community college - Components of fitness in gymnastics - Autonum financing solutions to consumers inc - Ernest hemingway in our time pdf - Summary of chapter 1 of the giver - Cyber Threats - Nur512-Reply to this discussion Andree - ELECTRONIC HEALTH RECORD (EHR) - Megger mit515 5kv insulation tester - 4 stages of shock nursing - Bose companion 3 series 1 manual - Chapter 25 and 26 synopsis summary - Urgent - Tco 4 describe the laws that govern digital signatures - Abbot davies balancing rein kit - Marco polo lesson plan - Bmw produces cars exclusively for high-income customers. bmw is pursuing a ______________ strategy. - Crystal field theory colour - Open data unlocking innovation and performance with liquid information - Assignment - Field of Study - Pediatric Psychologist - Nib core extras limits - Impact of Media and Technology on Society - Freud the uncanny summary - Theoretical framework - Enthalpy of anhydrous copper sulphate - World history - Math 140 final exam - Esa620 electrical safety analyzer - Beyond the higher skies robert sheldon - Katherine petrova family tree - Security architecture 4.1 - Jarvis v swan tours ltd 1973 qb 233 case report - Part 4 Marketing - Assignments - Magnesium sulphuric acid equation - Example of speech outline about life - Molecular weight data for a polypropylene material are tabulated - Chiasmus in julius caesar - HR - Challenge of maintaining employee engagement in times of economic recession when minimal to zero annual increases or job layoffs may be imminent - How does iscsi handle the process of authentication - Ecu academic integrity module - Significance of roses in american beauty - American center yangon volunteer - Analyze one survey research article or a mixed methods research article published in an academic journal. - 6 month libor wsj - Introducing new coke case study - Epidemiology for public health practice 5th edition - Complete worksheet - Bank loan general journal entry - Writing the equation of a rational function given its graph - Health Assessment Topic Reflection 1