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Even though Cameron and Anthony just recently started their coffee business, they now have an opportunity to open a storefront and have their own physical location.
A local business has some extra space and has offered to make a building available to the coffee business free of charge. No rent required!
But there’s a catch…
In exchange for getting the building for free, they have to agree to one condition: share 50% of all their profits.
Should Cameron and Anthony take the offer? We talk about the pros and cons.
They also want to continue doing events at places like local markets. I remind them not too wait to be invited, but rather to be proactive in making more events happen.
We also discuss increasing average transaction value, ways to keep people coming back, and how to generate repeat business.