Re:The Coffeeshop Fallacy
by xtiansimon on Sunday March 12, 2023 @11:39AM
(#35121370)
You forgot rent for that store by the breach.
You can make money if your rent is low (low revenue, and low expense) or your location gets you heavy traffic or you serve a community that really wants your product—like a bar near a university. You don’t need the most ideal real estate next to the university, just within the community—(high revenue, high expense).
You can make money if your rent is low (low revenue, and low expense) or your location gets you heavy traffic or you serve a community that really wants your product—like a bar near a university. You don’t need the most ideal real estate next to the university, just within the community—(high revenue, high expense).