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Business strategy
Considering the crime-rate of an area during bus. establishment.
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[QUOTE="TOZZIBLINKZ, post: 299644, member: 37528"] When is publishing a business in a particular area there are a whole lot of factors in which you are expected to put into proper consideration that can totally affect the possibility and ability for such business in which you are trying to establish to become successful and to become prosperous. For example it is expected that you put into proper consideration the business plan of the business itself and also you must put into proper consideration the structure in which you are going to carry out business activities. Population is also part of the list of factors to consider. However in as much population is important it is also advised that not everyone you see in a particular area that you intend to situate your business is a potential customer. It has always been advised to sit with a business in a large populated area because they hired the population the higher possibility for you to make reasonable profits and income. Most likely, crime rates could be high in a large populated area. But not necessarily in all cases that is why you must consider the ability for your business to survive in a particular large populated area by also considering the crime rate of activities there. If an area is highly populated but yet no business established that could be a red flag that the area is high in crime rate however you should withdraw yourself and possibly look for another area. Going ahead to establish your business in an area considered to be high crime rated, can make a business to be a subject to crime indulgers. [/QUOTE]
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Considering the crime-rate of an area during bus. establishment.
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