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Essay's paper info
Topic: Business
Number of pages / Number of words: 8 / 2056
Essay's paper body

Cars, trucks and vans are used as a mode of transportation for 86% of London's population. YellowPages indicates that there are 27 car-washing facilities in London, Ontario.

This industry attracts entrepreneurs as they have low barriers for entry, such as limited overhead costs and a relatively simple business structure...

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While this allows easy access into this market, it increases the potential number of competitors over other industries. The car wash market is divided into two segments, the automatic car washes and the self-service car washes. As both bear advantages and disadvantages, they remain strong product substitutes for one another...

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