Unity Across Brick-and-Mortar
A restaurant owner and a spa manager walk into a bar...
Every brick-and-mortar thinks about: utilization, capacity, rent, and more – both at a location level, and at a company level.
This focus is such a defining characteristic of brick-and-mortar that we’d argue it unites them in a way that they’ll never be united with their CPG counterparts of the same industry.
And when Retail Dive commented on EBITDA –
“[EBITDA] is also sometimes used to compare the performance of a group of similar companies within an industry.”
We asked: is industry the right distinction?
Operationally speaking, we believe it’s less about what you serve and more about how you serve.
As it turns out, a spa manager and a restaurant owner might just have more in common than a spa manager and a skincare brand founder.