How long can your small business go on for without meeting a new competitor across the road?

English: Fish and Chip shop in Plymouth
English: Fish and Chip shop in Plymouth (Photo credit: Wikipedia)

In our small suburb a cake and pastry shop opened up about five or six years ago. The cake and bakery shop has done well, now even delivering from several delivery vans. It’s interesting that this cake shop business is on the main road where it is visible to passer-by traffic.

I suppose the passer-by traffic works well for attracting customers to the business. In fact, the owner of the business sometimes takes out space on a very big outdoor sign to advertise her cakes. Continue reading “How long can your small business go on for without meeting a new competitor across the road?”