July 21, 2010

Dealing with excess capacity: camp edition

Often times services find novel ways to better utilize the high fixed costs that go into equipment or real estate. For example, a restaurant might start serving breakfast or begin catering in order to find additional income out of space. The Wall Street Journal reported on a a trend for summer camps to cater to wedding and parties. See the video below and read the article here.  If any one is considering this - I want to come!

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