Team's Strategy and Property Evaluation

The video follows a team planning to open a second store in Nashville. They explore a historic property, which was once a car manufacturing site, and decide it's the perfect location. The team is excited about the character and history of the building, believing it will enhance their business. They sign the lease, acknowledging the challenge of managing two stores.

What is the team's home base?

• New York

• Texas

• Iowa

• California

What unique feature of the property impressed the team?

• Glass windows

• Marble columns

• Brick wall

• Wooden floors

What does the team compare the building's feel to?

• A fresh coat of paint

• An old leather coat

• A modern apartment

• A new car

What is the team's reaction to the property's beams?

• They think they are too old

• They believe they can support a motorcycle

• They think they are too weak

• They want to replace them

What was the building originally used for?

• Shipbuilding

• Furniture making

• Car manufacturing

• Textile manufacturing

Why is the building historically significant?

• It was the first skyscraper in the South

• It was the oldest car manufacturer in the South

• It was a famous hotel

• It was a government building

What is the team's attitude towards the new property?

• Skeptical

• Excited

• Indifferent

• Disappointed

What is the team's main concern about opening a second store?

• Managing twice the inventory

• Finding the right location

• Hiring new staff

• Marketing the new store

What is the biggest gamble for the team?

• Investing in new technology

• Opening a store in a new city

• Hiring new employees

• Changing their business model

What does the team need to do after signing the lease?

• Redesign the store layout

• Launch a marketing campaign

• Fill both stores with inventory

• Hire more staff