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Business strategy
Good location without proper planning may not work
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[QUOTE="Sotherefore, post: 212498, member: 27033"] Everyone understand that location is one of the most important factors when we are starting up a business , An experience business tycoon will definitely understand the importance of location in any business , sometimes we are always advised to set up a business in a location with a high population preferably the Urban settlement. Eventhough location might really help our business to succeed but if location is the most important thing we focus on and neglect the plans and preparation of the business then our business may not likely be in a smooth path.. In as much as we are interested in the location of a business it is also very important for us to take the planning of a business seriously , a business plan involves so many things and not just to arrange how the business will work, it also comprises of all the needed step that is to be taken to achieve the best success in a business organisation. A business plan in the other hand may also involve all the necessary business staff that is needed in a particular business organisation to run the business effectively, proper risk management and good financial managing system is also things we have to consider when we are establishing a business.. if everything are in perfect order together with a good location there will always be a high chance of business success. [/QUOTE]
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Good location without proper planning may not work
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