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

[zenith]

Location plays a very major role in business success and I think it depends on the kind of business.a pharmaceutical shop nowadays do well even in rural areas and in urban areas as well.there are some business that will not do well in rural areas.so location really matters in business.

 

[Ykddgreat]

One of the factors that determine the success of any business is the location of the business, a business located in the right place where the right customers can access it is going to make a great success than the one located where the real customers are far or will have to go a long way before getting what they want

 

[Eyiteepraise]

The importance of choosing a good business location cannot be overemphasized because this is one of the major factors that determines a business success. A business that's supposed to be in a rural area, if it is set up in an urban area, there is possibility that the business crashes at the end

 

[Aricha josef]

Yes..Your business should be located close to your customers..It should also be located close to it natural resources so that the cost of transportation won't affect the price of your products hence discouraging buyers and potential customers from patronizing your business..

 

[Diddi01]

Location plays a major role if not the most important role in a business. That is why one should do more research on the place they plan to set up their respective businesses. The place should never be far from the population and it should have good security.

 

[Fatima]

If you have a business idea, then you must plan them out, after this is settled you must understand who your potential customers and clients are, this will help you decide the best location, it would be wrong to locate your business where your clients would have to stress themselves before reaching you, that is a minus to the business

 

[McChris]

Yes of course it plays a lot when it comes to business because it is your location that will determine if the business will go further or will not and also it's your location that will determine if you will make more gain on that your business or not you will not get so much customers as you if you located in an ungood place

 

[Khizar iqbal]

It is true that the experience of the place where the business will take place is very important. If our business is in a Persian place where everyone comes and goes, they can easily buy things.In this case, the business will grow.Good effect

 

[solalal36]

Yes, I think so. You don't expect to make much profits selling water in a place where most houses have clean and affordable water. Same way you don't expect to make profits in a locality where people rarely die and you are a coffin carpenter. haha. So location determines how far a business can go

 

[Thosynho]

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??

The fact that you are experienced in business should be more reason for you to have a business plan. Having a business plan is highly important for the growth of the business and sustaining of the business as well.

 

[Sunny cent]

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

 

[Edward2]

Despite the growth of remote work, cooperation, telecommuting and virtual offices, location will still be important, particularly for many companies. If your company's location is convenient to attract customers, your growth, sales and brand exposure can be certain.

 

[Milz]

The location of any business is one of the Major determinant of its success. Imagine having your business sited in a rural area cost of moving to and fro to source for products to sell to your final consumers is quite expensive compared to siting your business in an urban area.

 

[Ayokex]

One of the most important factors to be considered before sitting a business is the location. Of the location of a business is wrong then everything is wrong with the business. The business will just remain in a spot for a long time without making any progress.

 

[Waqas wajid]

I think location plays an important role in making it a success. Business should be built on such a location.One that can easily come to you and buy things, has more parking color as well as an area where people do not feel difficult to come.

 

[Onyinye]

Yes, business at a good location tends to do well more than those In bad location. That is why when considering a business location, what comes to mind is the target market as business in a good location tends to attract more customers and brings more profit

 

[Chibson]

Actually location please some rules in the success of businesses but I'd say, that was then. the advent of the social media and internet has helped businesses in promoting their goods and products no matter their location and of course can reach a large number of people.

 

[Jumoke12]

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??

who is that business owner that goes about establishing a business without properly finding a very good and suitable location for the business? That would definitely amount to waste of money, stress, resources and even time because it will all lead to loss eventually.

 

[Adeyoola7]

Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance. Poor ones can cost millions in lost talent, productivity and capital.

 

[BuchiBankz]

Of course locations matters alot in successful business. For instance I open a POs post in a rural village where there was no bank, before one could access the bank its another expense, most villages doesn't go to the bank again since I became the middle man and a business man,and my business has been a success.