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!