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Your friend is planning to open a neighborhood ice cream shop because she loves fancy ice cream desserts and loves to serve these to her

Your friend is planning to open a neighborhood ice cream shop because she loves fancy ice cream desserts and loves to serve these to her young family. She noticed that a caf that specialized in ice cream desserts recently closed in her neighborhood. She thinks this is a great opportunity now that there is no longer any competition in the area where she wants to locate. Is this a good business opportunity? Why or why not?

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