Prepare a written response which answers the following questions:$-$ Describe what product or service your business would provide.$-$ Describe the problem your business is trying to solve and how your business could provide a novel way to solve that problem.$-$ Describe what risks you might face in operating such a business. Consider the following potential threats: threats to profit margin, threats to sales generation schemes, and threats to operational financing.$-$ Name$/$describe some competitors that you may have in this market. If your competitors are sole proprietors$/$individuals $($i$.$e$.,$ you want to operate as a vintage shirt buyer$/$reseller$,$ and all your competitors are individuals who also buy shirts at low cost and resell on markets such as eBay$),$ you can just describe them generally.$-$ Explain what, if any, competitive advantages you may have relative to the other businesses$/$individuals in the market.