sam is planning to start a pool cleaning business from his home. he has decided on a radius of 30 miles from…

sam is planning to start a pool cleaning business from his home. he has decided on a radius of 30 miles from his home as a region of operation. after surveying the region of operation, he has found that 43% of homes in the region have a swimming pool. there are 36,248 homes in sams region of operation. which of the following statements is the best reason to include in the market analysis component of sams business plan explaining why such a high percentage is good for sams business? a. 43% is 40% more than sam needs. b. only 57% of the home owners need to build a swimming pool. c. 43% of homes with a pool means 15,586 guaranteed customers, creating a solid customer base. d. since pools are not often removed from a property, 43% of homes with a pool means a strong potential customer base now, with the existing home owners, and later, with new home owners. please select the best answer from the choices provided

sam is planning to start a pool cleaning business from his home. he has decided on a radius of 30 miles from his home as a region of operation. after surveying the region of operation, he has found that 43% of homes in the region have a swimming pool. there are 36,248 homes in sams region of operation. which of the following statements is the best reason to include in the market analysis component of sams business plan explaining why such a high percentage is good for sams business? a. 43% is 40% more than sam needs. b. only 57% of the home owners need to build a swimming pool. c. 43% of homes with a pool means 15,586 guaranteed customers, creating a solid customer base. d. since pools are not often removed from a property, 43% of homes with a pool means a strong potential customer base now, with the existing home owners, and later, with new home owners. please select the best answer from the choices provided

Answer

Brief Explanations:

  • Option a: There's no indication of how much Sam "needs", so this is baseless.
  • Option b: Focus is on existing pool - owning customers, not on building new pools.
  • Option c: Not all pool - owning homes are guaranteed customers.
  • Option d: It correctly points out the long - term potential of the 43% pool - owning homes as a customer base due to the stability of pools on properties and the turnover of homeowners.

Answer:

D. Since pools are not often removed from a property, 43% of homes with a pool means a strong potential customer base now, with the existing home owners, and later, with new home owners.