The business which offers services needed by the citizens of the community, and which is most profitable. That is the best business.
Step-by-step explanation:
You didn't state which community you are referring to. However, the business that is best for any community is a business which offers services mostly needed by the citizens of the community, and which is most profitable.
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.
