30- Business costs are a design decision
When you open a yoga studio, will you hire yoga instructor full-time or will you find a contractor? Will you sign a one year lease for your studio that you can equip the way you want or will you try to rent a pop-up store that gives you more flexibility?
These are all design decisions that entrepreneurs and designers should think about.
In this mini MBA episode, we spoke about:
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the difference between fixed and variable costs
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and calculating a break-even point.
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