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Business strategy
Good location without proper planning may not work
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[QUOTE="Rubz, post: 283671, member: 69674"] It is true that a good location is required for a business to succeed, but without a business plan, a business cannot suceed. As a matter of fact, i believe that a business plan should contain plans for a good location of the business. The location of a business should be part of the business plan and hence, the business cannot do well without a business plan. A business plan contains information about funding of a business, proper staffing, risks that may be associated with the business and so many others. Without making plans for all these and having a good location, i'm afraid that the business might not succeed. The importance of a business plan to a business should never be overlooked. [/QUOTE]
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