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Why people prefer to start business in an urban settlement
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[QUOTE="Richee84, post: 276562, member: 42448"] Urban area tend to enjoy more facilities that make people to prefer to stay there than rural area. Business is all about profit making and in order to make the profit you must be able to sell your products or services to the people that need them. The rate of turnover determine the level of one profit and to get high turnover the business must be cited in a well populated area that can generate that turnover. Urban has better advantages in terms of population, social amenities, infrastructure etc than rural area. All these factors are what make business to grow and make the convenient for business. There are some social amenity like power that must be available before some business can come and establish in that area. Most of these factors like social amenities are not present in rural area to support business activities and because of that business owners will prefer to go and establish his or her business in the urban areas that coming to rural area to establish it. They see rural area as a place where they can't make back what they would have. Though there are still some business that we can do in rural and still make profit like selling of food stuff. [/QUOTE]
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Why people prefer to start business in an urban settlement
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