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Business strategy
Making your business to suit the business environments.
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[QUOTE="Jasz, post: 286341, member: 61772"] If you are a small business owner, you should be aware of what the environment is and how it can affect your business. The first thing that you need to do is determine what kind of environment you are in. You should also know what type of customer base you have and how well they can benefit from each environment. For example, if you own a restaurant, then it is best to open up in an area where there are lots of people who live nearby, as well as people who come into town for special events like sporting events or concerts. This way, you will have many customers who will keep coming back again and again because they enjoy your food or service. However, if you are opening up in an area with no local population at all, then it may be best not to open up at all because there will probably only be a handful of people who come in on any given day and they may not be interested in eating out or buying anything from your store. [/QUOTE]
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