When planning for a business , before starting the business , you need a good business plan and when making research , you need to sort for a good marketable location.
Do you think location plays a major role in any business success??
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Actually having a better and good location is like having the best master plan of the business. because most of the business is being affected by the issue of location in areas where business is moving effectively.
Location play a big role in the success of a business , for example my wife was selling snacks in a wrong location before where the population is scanty , there's no market and business was dull , but when she got a space in front of a school , the business change and she's always busy selling everytime.
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Location will always be the most important thing to consider when determining the success of a business . you can't establish a business in a low populated location and expect to make something reasonable. Normally all business are likely to be more successful in the urban settlement.
When engaging in business personally this will be the first thing I will put into consideration. It is very bad to establish a good business in the wrong location because establishing it in such location will make it an unsuccessful business.
The truth is location is very important in the well doing of a business. The location you'll establish a business is one of the important factors to be considered before setting up a business. That is the location favorable to the business
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Your location is going to give your business a lot of advantage if it can be located close to where your customers are staying and close to the market where you can take it.
The location where you are plying your trade actually says a lot about your business survival , you can be selling the same thing with other people and making more money than them if you are in the right location.
Good location is very significant for any business venture. If you are in a very good location you are already at an advantage at the next thing needed is the proper business idea and decisions in order for you to succeed. A lot of people have proper business ideas but their locations can be limitations to their success.
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I know that location of a business plays a very important role in the success of any business. If you want your business to thrive, then try and locate it at the place where the demand for your product will gain or get more exposure than locating it at a lonely and less busy location.
Yes of course, location really play a very big roll when it comes to starting a business because before one can think of going into business you have to consider location, because location is very important in a business.
Location speaks a lot about the success and failure of a business and that's why you need to look for a better location when you are working on your business plan .
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Location could play a major, but it also depends on the kind of business. There are a few factories located in many remote areas. It should be noted that even many of your employees be also reluctant to work at your business place due to your location.
though you are right but there are some business model that would work very fine in the rural region and you would make a whole of sales but if you take that business to the urban region it would not work fine. vice versa.
Well, the main issue is that shops located at good locations are very expensive, as the owners of those shops realise that those shops are located at the best places where business could be conducted.
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Location plays at least ninety five percent in the success of the business, because being in the wrong location , the business will be dull and can ruin the business in the process.
Location is definitely crucial to whether a business will thrive or not. Picking an ideal location paves the foundation for the business to grow, and so many business owners who have fallen foul of this have failed in their businesses
I think that the demand of the product is related to the location. Some products are demanded much more in certain areas and this is why they sell like hot cakes in certain locations.
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Research has shown that the location of a business is one of its most important factors for success. Location has an even larger effect for microentrepreneurs, those entrepreneurs opening a small scale business employing less than nine people.
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That is what so many people might fail to understand. Some people when establishing a business they do not put location into consideration which in most cases might be the reasons for their business failure. Certain location are suitable for certain business depending on the one you are interested to establish
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