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Business strategy
Factors to consider when choosing a location for your business
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[QUOTE="Augusta, post: 175564, member: 25283"] One of the things you would need to consider when sitting your business is the location of it. You should know by now that the location of a business will make or mar it's progress. So you don't just site a business any where you should put somethings into consideration to avoid the early failure of the business. Factors to consider include: The accessibility of the business: is the road motorable so that customers can easily access the location What's the competition rate in the area with other businesses What is the growth rate for your business in the area. You need to consider the security rate of the area to avoid frequent burglary You need to take into consideration the expenses that you would incurred daily from using that location to high overhead expenses What do you think [/QUOTE]
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