Running Head: DEVELOPING A BUSINESS IDEADeveloping a Business IdeaStudents NameInstitutional Affiliation1DEVELOPING A BUSINESS IDEA2In my community several people do not have an access to clean water. The experiencehas been witnessed within the past three years. Shortage of clean water has led to the spreadof diseases such as bilharzia and typhoid since people do not consume clean and treatedwater. I, therefore, come up with an idea of creating a clean water transportation company.The company will perform activities such as purification and transportation of clean waterthrough tankers. People in my community can easily access the water through making ordersto the company at relatively cheaper prices. The project will ensure employment of peoplewithin and without the locality hence improving their livelihoods.The feasibility analysis for the business idea is that no entrepreneur has ever come upwith such a business idea in our community, which means there will be no competition.Similarly, I have never heard any individual with the same idea as they are reluctant and donot want to take high business risks. Generally, they have the fear of the unknown as the ...
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