Five Card Story: Barriers to Entry

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a Five Card Flickr story by Ash created Apr 22 2024, 06:15:20 pm. Create a new one!


flickr photo credits: (1) bionicteaching (2) (3) bionicteaching (4) bionicteaching (5) Serenae


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Pic 1: People will need start up cost to begin a business. For instance, they may have to pay rent for a building.

Pic 2: Technology and security will be helpful. Business owners will need to protect their properties.

Pic 3: Hiring workers and paying them a fair wage. For instance a construction company will need to pay workers to build and maintain architecture.

Pic 4: Businesses have to invest money for customer service and make sure their customers are satisfied. For example, keeping the bathrooms and general areas clean and sanitary.

Pic 5: Investing money into their aesthetics and marketing strategies. For example, making their sign flashy and bold.

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flickr photo credits: (1) bionicteaching (2) (3) bionicteaching (4) bionicteaching (5) Serenae

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