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Estimate the cost of a local business

Estimate the cost of running a local business. Estimate the revenue. Decode the business model and the barrier. If you find it hard to choose, you can pick from the following: a grocery store, a pizza delivery restaurant, a local Subway or McDonald, a coffee shop., a pet store, a nail saloon/hair dresser combination, a gym.

Bonus question 1

Estimate the startup cost for beginning this business today.

Bonus question 2

Estimate the barrier of entry for this business and identify if there is a chance to innovate against this business.



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