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The document outlines various business ideas including writing services, dropshipping, and water refilling stations, along with evaluations of their attractiveness and feasibility. It provides a SWOT analysis specifically for the water refilling station, highlighting strengths, weaknesses, opportunities, and threats associated with the business. The author expresses a strong motivation to pursue the water refilling station business due to the growing demand for clean drinking water and the potential for positive community impact.

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ljaydoniego
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7 views5 pages

Entrep

The document outlines various business ideas including writing services, dropshipping, and water refilling stations, along with evaluations of their attractiveness and feasibility. It provides a SWOT analysis specifically for the water refilling station, highlighting strengths, weaknesses, opportunities, and threats associated with the business. The author expresses a strong motivation to pursue the water refilling station business due to the growing demand for clean drinking water and the potential for positive community impact.

Uploaded by

ljaydoniego
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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DONIEGO, LEAH | BS PSYCHOLOGY 4A

Writing Services encompass a range of offerings focused on creating written content for various
purposes. These services can include academic writing, copywriting content creation, editing,
proofreading, and more. Academic writing involves producing essays, research papers, and
dissertations tailored to educational requirements. Copywriting entails crafting persuasive and
engaging content for marketing and advertising. Content creation covers blog posts, articles, and
web content for online platforms. Editing and proofreading services ensure written materials are
polished, error-free, and adhere to appropriate style and grammar guidelines. Overall, writing
services help individuals and businesses communicate effectively and professionally through
written expression.

Business Idea: Writing Services Evaluation


(put a check mark)
YES NO
Would it be attractive to potential customers? 

Would it work on your business environment? 

Is there a sufficient window of opportunity? 

Do you have skills amd resources to create this 


business?

If NO to the question directly above, do you know 


someone who does have the skills amd resources
and might want to create this business with you?
Drop shipping is a retail strategy where the seller doesn't hold inventory, and products are
shipped directly from the supplier to the customer upon purchase. It's a low-risk approach for
entrepreneurs to start an online store without significant upfront investment.

Business Idea: Dropshipping Evaluation


(put a check mark)
YES NO
Would it be attractive to potential customers? 

Would it work on your business environment? 

Is there a sufficient window of opportunity? 

Do you have skills and resources to create this 


business?

If NO to the question directly above, do you know 


someone who does have the skills amd resources
and might want to create this business with you?
Water Refilling Station is a facility where customers can bring their containers to fill them with
purified or filtered water. The station typically offers various types of purified water, such as
distilled or mineral water, dispensed through automated machines. Customers pay based on the
volume of water they fill, promoting cost-effective and environmentally friendly water
consumption. The station often ensures water quality and safety through regular testing and
maintenance of filtration systems.

Business Idea: Water Refilling Station Evaluation


(Put a check mark)
YES NO
Would it be attractive to potential customers? 

Would it work on your business environment? 

Is there a sufficient window of opportunity? 

Do you have skills and resources to create this 


business?

If NO to the question directly above, do you know 


someone who does have the skills and resources
and might want to create this business with you?
A SWOT Analysis for a water refilling station involves assessing its Strengths, Weaknesses,
Opportunities, and Threats:

• Strengths:
a. Quality Water Supply: Providing high-quality, safe drinking water is a significant strength.
b. Customer Base: A loyal customer base and good customer relations can be a strength.
c. Location: A strategic and accessible location can attract more customers.
d. Efficient Operations: Streamlined processes and efficient operations contribute to success.

• Weaknesses:
a. High Operating Costs: High expenses for equipment, maintenance, and utilities can be a
weakness.
b. Dependence on Suppliers: Reliance on suppliers for water purification systems or water
source can pose a risk.
c. Limited Product Offering: If the station only provides water and lacks additional products or
services, it can be a limitation.
d. Seasonal Demand: Fluctuations in demand based on seasons can be a challenge to manage.

• Opportunities:
a. Diversification: Expanding into related products like water filters, dispensers, or related
services can be an opportunity.
b. Health and Sustainability Trend: Capitalizing on the growing trend for health-conscious and
eco-friendly consumers can be advantageous.
c. Partnerships: Collaborating with gyms, offices, or events for bulk water purchases can expand
the customer base.
d. Online Presence: Enhancing online visibility through e-commerce or delivery services can tap
into a wider market.

• Threats:
a. Competitive Market: Intense competition from other water suppliers or beverage companies
can be a threat.
b. Regulatory Changes: Changes in water quality standards or regulations can impact operations.
c. Environmental Concerns: Growing environmental awareness may lead to a shift away from
bottled water consumption.
d. Price Sensitivity: Customers might be price-sensitive, impacting profit margins and growth.

There are several compelling reasons behind my decision to pursue a business in the water
refilling station industry. Firstly, the increasing awareness of the importance of clean and safe
drinking water has led to a growing demand for accessible and reliable sources of purified water.
Additionally, I am motivated by a focus on health and well-being, aiming to ensure my
community has access to safe drinking water, thereby promoting a healthier lifestyle. Moreover,
environmental consciousness plays a role, as water refilling stations can reduce plastic waste by
encouraging the use of refillable containers. Market research has indicated the business viability
and sustainability of this venture, offering long-term income and growth prospects. Identifying a
local market gap for convenient purified water options has also inspired me to fill this need and
provide a valuable service. Furthermore, my desire for entrepreneurship finds a fitting
opportunity in the water refilling station industry. I am genuinely passionate about contributing
to public service by ensuring access to clean drinking water, a vital commodity for public health
and safety. Finally, I recognize the potential for social impact, as this endeavor can significantly
improve the lives of people in the community by offering a reliable source of safe and clean
water for consumption and daily use.

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