Knowing the area also refers to the requirement that you know the area physically — i.e. Is there any competition from a rival carwash nearby?These questions demand answers and will be absolutely crucial as you start choosing your location for your new carwash.¡¤ A slump in the economy, reducing discretionary spending.
The other challenge is that the act of washing a car is not a specialist act.
There aren’t too many degrees to which the service can differ from others.
The message that ¨‘KCW will seek to communicate is that their hand washes are superior to the machine washed alternatives that can actually cause harm to cars.
Opening a carwash is one of those accessible sorts of businesses where the prospect seems pretty easy to grasp.
Ultimately, you need a good location, soap and water and a few people to get the job done. It is an “easy” business idea and one which most people you talk to will get the idea of.
On the other hand, it presents a myriad of challenges and problems that any other company would in addition to a few ones unique to it alone.1.4.3 Opportunities ¡¤ Participation within a steadily growing industry. ¡¤ The ability to decrease the fixed costs as a percentage of an individual sale as volume increases.1.4.4 Threats ¡¤ Future/ potential competition from a franchised firm.Making a business plan, even for a business as seemingly simple as this one, isn’t easy.So, with that said, let’s take a look at how to go about putting it all together. The first is that in order to start any company, you have to do your research on the field that you want to get into.It will also help when you start looking for investors.Your business plan needs to reflect your business in a complete and detailed sense so that investors can feel comfortable investing by really understanding your plan and what you have to offer.1.5 Business Objectives 1.5.1 Financial Objectives Long Term ¡¤ Develop efficiencies in the delivery of the service through advanced training and work-flow analysis.¡¤ Achieve a double d Achieve a double digit growth rate each year for at least the first three years.1.0 BUSINESS PROFILE 1.1 Business Description Modern people are very busy and they often neglect to clean their cars, and sometimes the limited living space also is the problem for the people who want to clean their car but they do not have space to clean their car, especially in Taiwan.Therefore, the car wash shops are increasing quickly, and people are happy to send their cars there.