A student sells drinks at school for $2, costs $1
Yes — profit being made
No customers coming in
Answer: Improve marketing
A customer buys something because it’s cheap
Price
Low risk, low reward example
Answer: Saving money / simple business
Selling food with permission
Answer: Legal
A mate wants $500 to start a lawn mowing business
Answer: Yes — low cost, steady demand
Too expensive compared to competitors
Answer: Lower price or increase value
A customer chooses Nike over a no-name brand
Brand loyalty
High risk, high reward example
Answer: Investing big / new business
Selling fake products
Answer: Illegal
A sneaker reselling business but lots of competition
Answer: Maybe — depends on strategy
Bad reviews online
Answer: Improve quality/service
A customer buys something because their friend recommended it
Answer: What is word-of-mouth?
Borrowing money to start a business
Answer: Risk
Not paying tax
Answer: Illegal
A business with no clear plan but “good vibes”
Answer: No — too risky
Spending too much money
Answer: Cut costs
Answer: Cut costs
A customer stops buying after one bad experience
Answer: What is poor customer service?
Expanding too quickly
Answer: Risk
Registering a business
Answer: Legal
A business already losing money
Answer: No — high risk
No one knows about your business
Answer: Advertising/promotion
Why do customers choose one business over another?
Answer: Price, quality, service, brand, convenience
Why risk can be good
Answer: Chance of higher profit/success
Turning illegal money into legal business
Answer: Must follow laws/start legit