the owner of a landscaping business has noticed that none of his competitors are including ponds or other…

the owner of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create. the landscaper wants to determine the viability of this business opportunity. what should this entrepreneur do first before offering to design and build water features as part of his landscaping business? ask the customers in the area if they are interested in adding a water feature to their gardens. contact the water department to see if they can support the extra demand for water. perform a financial audit to determine if there is enough money available to add the new service. determine if there is a supply chain available.

the owner of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create. the landscaper wants to determine the viability of this business opportunity. what should this entrepreneur do first before offering to design and build water features as part of his landscaping business? ask the customers in the area if they are interested in adding a water feature to their gardens. contact the water department to see if they can support the extra demand for water. perform a financial audit to determine if there is enough money available to add the new service. determine if there is a supply chain available.

Answer

Brief Explanations:

The key to determining business opportunity viability is customer demand. Without customer interest, other considerations like water - department support, financial audits, or supply - chain availability are less relevant. So, the first step should be to gauge customer interest.

Answer:

Ask the customers in the area if they are interested in adding a water feature to their gardens.