Carpon
Valued Contributor
Changing the location of a business has many effects on your business depending on where it left and where it was moved to. The effects could be beneficial or harmful and here are a few of those effect:
• A change in location may mean getting further away from the reach of some customers. This will mean that those customers whose access to the business is further away now may decide to stop patronizing the business and turn to nearer ones.
• The above scenario could go the other way. If you move to a location where the population is higher, then you will by the change in location attract more patronage. This point is the reason why when changing business location, you must be very conscious of the new location and how the new location will affect your level of patronage.
• A change in location may also mean getting prone or away from some risks and danger such as risks of theft and etc.
• A change in location may mean getting further away from the reach of some customers. This will mean that those customers whose access to the business is further away now may decide to stop patronizing the business and turn to nearer ones.
• The above scenario could go the other way. If you move to a location where the population is higher, then you will by the change in location attract more patronage. This point is the reason why when changing business location, you must be very conscious of the new location and how the new location will affect your level of patronage.
• A change in location may also mean getting prone or away from some risks and danger such as risks of theft and etc.
