Alyssa and Jeremy's story
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Sole proprietorship in Monopolistic competition
Being the only owner of Jim's Fast Food is hard because of all the responsibility
and having to use your own money to replace and restock everything in the store.
But I do love being the owner and I try my best to have the best service and fast food around. I even chose this exact spot because its easy to get to.
Being the sole owner of this store is very hard, I rushed into this and don't have enough money to make it work very well.
I need better food and an easier location to get to.
The only reason my business is doing better than yours is because my products and service are slightly different.
I need to be more like you and your business, but I want to be a little different with my products.
Then go for it!
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