The best business for this area is The Shoe Hut. This is the case for several reasons. First, there is less competition for custom sporting goods, as the supply in the area is lower. Survey data shows that there are more individuals who desire custom outdoor sporting goods than there are people who desire more coffee shops. Finally, the overall capital required to start and maintain The Shoe Hut is lower. Less equipment is needed, any building can be rented, and if an employee cannot be hired immediately, I can run the store on my own.
the best business for this area is The Shoe Hut. This is the case for several reasons. First, there is less competition for custom sporting goods, as the supply in the area is lower. Survey data shows that there are more individuals who desire custom outdoor sporting goods than there are people who desire more coffee shops. Finally, the overall capital required to start and maintain The Shoe Hut is lower. Less equipment is needed, any building can be rented, and if an employee cannot be hired immediately, I can run the store on my own.