Anna MacKenzie BPW

Kids Skate
My business provides a service.  My business teaches kids how to skate.  We also sell skates, shirt and sweatshirts with our logo on them.  The price for those items can be anywhere from $10.00 to $30.00We have a huge sign up day and alow all kids to sign up and then decide when we can do lessons.  When I built my business the cost of production was $16,000.  Once I started doing lessons I gained all of that back in profit money. My business is one that you would call a monopoly business it is the only one in the Bangor area.  When we are giving lessons we try to meet as much of the peoples criteria as we can. The way that my business does on a daily bases has to do with the Economic Cirle Cycle.  Days that my business does really good is in the summer because our prices drop and that makes the demand higher for lessons.  Since skating lessons are scarce we don't really have any competition my business does really good in the winter because people want to learn how to skate.