In this episode we talk about competition in business and what that actually means. Where do competitors come from and why is it important to know who your competitors are? We dive into a case study of one of Linda's many business ideas, and of course Dom shares some gems of wisdom. 

 Today on the CGM Lounge podcast, we're talking about supply, demand and market elasticity. The Law of Demand states that when the price of a good rises, people buy less of it and when the price of a good falls, people buy more. But this isn't necessarily true for all things especially when other forces are at play. Dom speaks with Matt Monroe, a Real Estate Lawyer and founder of Monroe Law, about the forces driving the real estate market and potential displacement of low income residents as a result of gentrification and market rate housing in urban areas.

If you’re starting a business that has a social impact, you’re probably wondering if you should form a nonprofit. In this episode, we’ll share some of the major differences between nonprofit and LLC formation to help you make the most informed decision.