. What options do you feel exist for this business scenario? Should Colin close shop? Use the $20,000 for a different opportunity? Or should he expand out to Sydney, changing SUP Baddeck into SUP Sydney? If none of these, what options do you think exist? 2. If there was 1 big factor affecting the entire validity of this business model, what is it? SUP Baddeck entails risks that most other businesses dont need to worry about. What are these unique risks for this industry and why would they cause such a large impact to revenue and operations? 3. Can SUP Baddeck Replace a Salary? After closing SUP Baddeck, Colin moved into a career focused on marketing and business development. Working with numerous startups, he developed an understanding of the nature of new businesses and the growth challenges they would experience. Colin was employed at an information security company fulfilling the role of Marketing Manager. In addition, Colin operated a consulting firm offering technical marketing services to software companies. In a slow year, Colin would earn an annual salary of $70,000. In a busy year, Colin would earn an annual salary of $100,000. With SUP Baddeck possibly coming back into the picture, would it make sense for Colin to quit his job or consultancy in order to operate a paddleboard business? 4. What would the business model look like if hiring employees to run the business? What if Colin were just the owner and hired a manager and staff to run the business for him? That seems like a possibility but given the cashflow of the business, might not be a viable solution. 5. Perhaps a hint, but Rock the Dock was stated as being a previously popular outdoor summer festival (before it ceased operations). Why might have Rock the Dock closed down all those years ago? What risks might exist within it? If Rock the Dock was so popular and people enjoyed it, why did it go away? We dont have much data on Rock the Dock, but think about event management and what sort of factors might impact that space; speculating with what you think could have happened. 6. Is all of this worth the effort? There are a lot of factors at play here. Would all of this be worthwhile in the end? Why or why not?