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Business strategy
Good location without proper planning may not work
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[QUOTE="TOZZIBLINKZ, post: 219836, member: 37528"] This is actually true most business owners who deals on the buying and selling of consumer goods receipt with their businesses in an area with high population in order to make sales to various consumers for-profit . in most cases they still could not make profit due to some certain internal and external reasons . Reasons like not considering the consumer tastes of people living in the area can also affect a business organisation from boosting profit . Business owners must understand that location is important for a business to grow and develop but also considering the consumer taste is also another factor that determines the profitability of a business in a particular area . For example a business man or woman might decide to open a water bottling company in a particular area , and after establishing the business he or she comes to understand that people in the area do not make use of bottle water due to poor cost of living in the area rather they get their water from streams , Rivers , lakes , and oceans etc . Hoping you understand my point , business owners who intend to establish business of any kind must first consider the services which his business tends to offers is a pressing need or want for the people living in that area . [/QUOTE]
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