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Two Approaches in Choosing a Location for Your Business
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[QUOTE="Chibson, post: 207567, member: 27553"] Choosing a business location is one of the most crucial decisions that a business owner makes because it can determine whether your business will be successful in the long run or not. Like the first poster have said, this is a very good observation because there are some businesses that requires you to stay in a competitive environment for you to be able to succeed. There are businesses that you need competition to be able to drive customers. You need to compete with people that have established their businesses in order to drive their customers, this can be seen in many places like market places and roadside car washers. Foryou to succeed in this kind of business you must have good business strategies in which you will use to drive a whole lot of customers and sales. You also need to be unique and bring out ideas that will make people see the difference between your business and other people's business. Another kind of location is the monopolistic type of locatio. The truth is that every businessman is always looking for this kind of location because it will give you the opportunity to make a whole lot of money from your business without a lot of competition and marketing. [/QUOTE]
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Two Approaches in Choosing a Location for Your Business
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