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Does location matters in business?
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[QUOTE="Kingsley, post: 242692, member: 30278"] We Can not over emphasize the relevance of location in setting up a business venture. The truth is in setting up a business one of the most important things to consider is location. Now when we take a look at one of the richest man on earth and the richest man in Africa he took a very good cognizance of the fact that location is a key concept in sighting a business. When he started building his refineries he made sure he sited them in locations where it will be easier for his target audience to locate his products. Just like his oil refinery he placed it in where it will be easy for him to have access to raw materials as this will help to reduce the cost of production and at the same time it is very close to the target audience. Again it is always wise to map out those places with large population settlement even MTN came down to Nigeria all the way from south Africa to the largest market in Africa and this is where they are indeed making the bulk of their profit in running their business. So location is key in having a successful business. [/QUOTE]
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