Generating ideas is a relatively simple procedure, the end result of which is a number of potential business opportunities that may or may not have a chance of becoming successful ventures. You undoubtedly have a few concepts in mind that you think could represent possible alternatives for a prospective new venture. If not, you might talk to friends and family who may have some suggestions for you to think about.

Required:

List five specific businesses or types of businesses that you think you might want to own and operate. Try to be as descriptive as you can in describing the core concept of the business and its potential market (i.e., provide a description of each business idea) in 25 words or less.

Idea 1:

Idea 2:

Idea 3:

Idea 4:

Idea 5: