'Business owner doesn't know math': Coffee shop owner bans cakes, loses money
One business owner is getting fleeced, and she doesn't even realize it.
Local coffee shops are a great place to get some work done on your laptop, meet up with friends to talk, or grab a quick bite to eat. While some locations only carry coffee and tea, a lot of them carry food products---and they aren't afraid to mark up prices quite a bit. The new owner of one coffee shop is still trying to figure out her profit margins.
The owner of the baked goods shop she's buying from noticed that she's stopped buying cake, and this person isn't about to tell her to do otherwise. In the comments, people thought the owner was foolish for these business practices. As one person wrote, "I see a new owner on the horizon." People sometimes make the wrong choices when trying to save money---some places will get rid of a fan favorite just to save a few pennies, for example. If all the customers who loved that food stop coming into your store… that's not really saving any money, is it?
Check out the complete story below. Then, read the tale of one new car owner who got sold a lemon, and decided to file a lawsuit against the car dealership that sold it to them.
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