Sole Proprietorship in Monopolistic competition

Sole Proprietorship in Monopolistic competition
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  • Sole Proprietorship in Monopolistic Competition
  • Here it is finally! My very own coffee shop and I own it!
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  • Everything is going great, business is good so far, but I know I still have competition between other coffee shops.
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  • I have been in this business for 34 years and I'm not gonna let some rookie take over!
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  • We have been in a neighborhood for the last few years and have had a steady flow of business but with more shops opening, there is more competition
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  • We all are in the same business but own separate stores, competition will go up for us based on location and customer service
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  • We should have some shopping areas opened up with these coffee shops to fuel us!
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