A friend of mine and I were discussing a small craft business that was closing its doors this year. Of course, we started speculating on the causes of their demise. One issue that seemed prominent was that they were charging groups of knitters to meet at their location while other places, say the library or a local coffee house, held such gatherings for free. I’m not sure that this was the only issue with their business plan, but free services are an important part of any business and should be well thought through. Continue reading
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