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Why does location of the market affect business development
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[QUOTE="King bell, post: 266134, member: 75687"] Location of the market affects business development in many ways. Whether the location of your product is at a high-income or low-income area, it will affect which customers are likely to buy your products. The location of the market also affects the type of materials that you'll be able to find in order to run your business, as well as where you will be able to purchase them. For example, a bakery may not want an underground freezer on account of its rotten food smell that would emanate and put off customers from buying baked goods. A good refrigeration system might cost more than what they make with only 2 weeks worth of sales in a month. They may have to settle with a rusty old freezer that will not keep their products fresh and appealing. Many cities are located in the middle of nowhere, not close to any other city, even though they may be a thriving metropolis. This is especially true of towns in the Midwest, where farmlands and other undeveloped areas can still be found within miles of the town center. In such cases, it might be difficult to find suppliers for goods needed for your business. You might have to go to another city far from your location. [/QUOTE]
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Why does location of the market affect business development
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