You are stepping into the world of becoming an entrepreneur. For this assignment, and the next three (3), 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 (e.g., machine tooling, commercial stove top, dry-cleaning equipment, or commercial printing equipment). Write a one (1) 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.