Question

In: Economics

select a small business in your community that has been started by an entrepreneur. (Note: you...

select a small business in your community that has been started by an entrepreneur. (Note: you may even select a small family business). Provide a summary of the key features of this business. Are there any obstacles to growth? What is the entrepreneur doing to ensure profitability and address risk? Explain fully and comment on classmates' responses.

PLEASE ADDRESS THIS DISCUSSION IN LIGHT OF THE IMPACT OF CORONAVIRUS ON SMALL BUSINESS.

Solutions

Expert Solution

Mobile Car Wash Unit

My friend started a moving car wash unit. The uniqueness of this car wash unit is that goes to the customers place and wash the car. This moving car unit has all the features that a car wash unit in a building should have. The another unique feature of this wash unit is that is also provides car wash at a relatively low cost.

This car wash unit even has its own application as digital marketing. Customers can type by marking the time, place and date they need to wash through this app.

Another feature is that they wash the underside of the car very cleanly. The business is moving forward, over coming even the covid 19 crisis. They also have a 24 hour customer care unit. In addition, they provide all kinds of assistance for other to start their unit.

They have earing more than Rs 1 lakh a month through the unit. Their unit provide all kinds of training for others to start a mobile car wash unit. Initially the unit operated only locally and now the unit has expanded its operation to more areas.

They also use social media for business development. They collecting feedback from customers and adding it to the app can attract more customers to them.


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