Creating a Space for Community
The gaming store had enjoyed reasonable success over the years, and it became evident that the community played a significant role in attracting visitors. People frequently attended gaming nights, but there was limited space for participation. All the owners engaged in discussions on how to enhance the growing interest in live events and concluded that they could redesign a portion of the store to address this need. Their primary objective was to optimize the shop, allowing more space for socializing and playing games with friends. They only needed to determine the required funding to implement their solution.
Looking at the Numbers
Creating changes was a reasonable undertaking, but the owners needed to determine the costs. After evaluating everything they wanted to include in the space, they concluded that they required approximately $200,000 to proceed. However, knowing the necessary amount was only the initial step. The owners preferred not to fund the entire amount themselves, so they had to select the appropriate financing method to accomplish their goals. They aimed to implement it swiftly to facilitate more community nights and further grow the business.