Do you think location plays a major role in any business success??

[KENDRA2020]

Location plays a very crucal path in business decision. In geography, location or place are used to denote a region on the earth's surface or elsewhere. The term location generally implies a higher degree of certainty than place, the latter often indicating

 

[sam386150]

Yes the location is very very important in business you cannot compare business in a rural area with the business in an urban area, so location is very very important, business in a public place move faster than the one in a local place.

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[Good-Person]

Location does play amajor role. However, location alone is not the only factor that can help you to determine the success of any business. You might open any kind of business in a well known area. However, you have to do a high-quality marketing in order to succeed in any given location. There are many businesses that have not succeeded despite being at a good location. You also need to have a high-quality product.

 

[Victakin83]

Their are businesses that is managed in the rural areas and still going strong and bringing steady returns. Same goes to the urban areas and their is still profit flowing steady. But everything depends on the strategies and plan one used for the business.

Do you think that location can play a major role in determining a business success??

Not only that I know that location is very important in business but it is also a key to success of the business. Good location will make your business reach right people. So when establishing a business location is the first thing.

 

[Ezydan]

It all depend on the kind of business you want to do there. Location is important for some business while Some business don't actually need a very good location to succed, it just packaging, strategy and plan..

Post automatically merged: Feb 14, 2021

It all depend on the kind of business you want to do there. Location is important for some business while Some business don't actually need a very good location to succed, it just packaging, strategy and plan..

 

[Victakin83]

Not only that I know that location is very important in business but it is also a key to success of the business. Good location will make your business reach right people. So when establishing a business location is the first thing.

 

[flowreal]

Location does play a major significant role in the success of any business. In the establishment of any business, location is a very good determinant because it helps in the success of the business. If there is a high demand of goods in a particular area, then the business of selling that goods will thrive in that area.

 

[Adventurer]

Yes location plays an important role in your business, one it can be because of competition if there are people doing a similar business to yours it's better to avoid places like that two, who are your target market? Look for them in your location, three you may need to choose an area with lots of traffic to ensure patronage.

 

[Diamond07]

Their are businesses that is managed in the rural areas and still going strong and bringing steady returns. Same goes to the urban areas and their is still profit flowing steady. But everything depends on the strategies and plan one used for the business.

Do you think that location can play a major role in determining a business success??

Location of a particular business is a great factor to consider when starting up a business. You need to look around and find ways to provide solution to the problem of the people through your product or service

 

[Sunnytee]

Yes location has a lot of roles to play in planning business

It's even the first thing to consider before any other things

Location is very essential as a business owner one must look for a swetable location that fit the kind and type of business such a person is to embark on

 

[Hasan Raza]

Area is vital in business it goes far in deciding the volume of deals a business they sell consistently. In the event that your business is an arranged in an awesome area it is probably going to sell a higher volume of merchandise yet in the event that the area isn't ideal for the business the quantity of it customers may be not many

 

[Nemezy]

Truly demand for goods and services depends on the income level but it’s good to consider the competition level of the particular area also. Competition is plays a vital role when projecting sales of products which is why you should consider possible way of outplaying the competitors

If you consider the risk of been out wayed by your follow competitor ,it means you might not start up something, the fear of the unknown kept most people were they are now , put away fear . We move

 

[eojo2401]

Location is the eyes of business enterprise, if you have a good product, a good business plan and sufficient budgets but if your location is wrong, all your investment may went down the drain. So when you want to start a business, search for the best location that suit your business.

 

[Umerfarooq]

Despite the increase in remote work, collaboration, telecom meetings and virtual offices, location will always be important, especially for many businesses. If your business is easily located in the best place to attract customers, you can be sure of growth, sales and brand exposure

 

[Victor001]

As you draw your map out, you need to consider location,you can't run a cyber cafe business in a rural area, location should be dependent on the events and happening in an area, a manufacturing company should be able to site a good restaurant near by.

 

[Sammyesx]

Location is very important to the success of a business especially a new business, a bad location will definitely reduce the outreach of a new business, because the location your business is will determine how accessible the business is to y oh ur customers.

 

[Psalmseen]

yea of course! For any business to be successful, the location of the business must be considered. You must consider if what you wanna be selling or producing is much needed by those that are around there and is the product around the target audience. If you want to sell newspaper and you chose a rural area as location,then the business is a failure already

 

[Damismiling]

Your location determines your allocation, even in business it's applicable, you must position your self to where your clients and customers will have easy access to you and what you have to offer, no one is ready to searching you around instead they will patronize some one close to them

 

[Nurudeen]

Yes. For a business so scale through in the market and for the owner of the business to make good amount of money from it the business should be situated in a good location and where the business is in high demand to make quick sales

 

[Funufidelis]

Location will always be important especially for many businesses despite the rise of remote work, collaboration, telecommuting and virtual offices. If your business is conveniently located at the best place to attract customers, you can be certain of growth, an increase in sales and brand visibility.