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

[Meerab]

location starts to play a vital role. It is always better to be closer to the market because mostly business dies when established a wrong location.. And if you have a good location to start a business then your business grow up quickly and you can get good profit

Post automatically merged: Mar 10, 2021

location starts to play a vital role. It is always better to be closer to the market because mostly business dies when established a wrong location.. And if you have a good location to start a business then your business grow up quickly and you can get good profit

 

[Mika]

If your business is offline business, location plays a major role in the success of your business. However, online business can be operated from anywhere and the location of your business does not determine the success. For offline business, your location should be in a commercial district.

 

[MRizwan530]

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??

Yes of course location plays a major role in determining the business if you are doing a business in a rural area you cannot do same business in urban area because priorities on both areas are different so people will behave different in these areas.

 

[mubinadaddy]

Yes location those play a vital role in your offline business, if you are not in an open place where passerby will be able to stop and take a glance through of your business then your business will soon collapse. So before venture into any business first get a very good strategic location so that it will be a smooth sail for you.

 

[Nimra Noor]

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??

Yes location is very important in all businesses if we set up our business which is far away from city then people not go there due to a lot of distance they prefer some shop near them while people buy mostly things from cities so city areas are good for set up business .

 

[Blessedsam60]

To my own nice explanation, location doesn't necessarily plays a good role in any business or services. If your goods or services are worth needed. People will come for you no matter here you are.

 

[Sincerem]

Yes of course location plays a major role in determining the business if you are doing a business in a rural area you cannot do same business in urban area because priorities on both areas are different so people will behave different in these areas.

They have determinants, that determines how successful the business will be. Every business should be suited on a given location and not just starting a business cos you favour the location.

 

[Godleads1]

In a bid to establish a business, the location of the business firm would be one of the key factors to put in place for a much more improve customer satisfaction and profit for the company. The location helps to know how close to the consumer you are and if the needs of the surroundings is what you are producing.

 

[unhappy triad]

Good location gives a business extra advantage over competitors. If your business is easily accessible and people can walk in or get the products they want without stress the returns can be huge. Also if it's located such that it is close to the raw materials needed to keep it running, cost of production will be cut to the lowest. That is more money

 

[Akinwale701]

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??

Yes, it does. Except for businesses that are totally conducted online. Location, for offline businesses, matter a lot. They determine the nature or types of customers you are gonna have, they also determine what exactly your business is dealing with. But for businesses that are totally conducted online, location isn't a barrier except network coverage problems.

 

[Sincerem]

Yes, it does. Except for businesses that are totally conducted online. Location, for offline businesses, matter a lot. They determine the nature or types of customers you are gonna have, they also determine what exactly your business is dealing with. But for businesses that are totally conducted online, location isn't a barrier except network coverage problems.

Online gigs doesn't require location like how offline business requires it to grow. But we need location that is boost high connection speed and not slow internet connectivity for our online gigs.

 

[KvngMurphy]

Clearly location plays a major role in every business but existing or new as it helps customers gain easy access to the business environment. In a situation where the business location is not ideal businesses tends to loose customers on a regular basis as majority of individuals wouldn't want to stress in other to access a place

 

[Yaqoob Habib]

Yes I greatly believe that location plays a major role in business success. Alot of business dies when established in a wrong location and some manage to thrive for a few months before collapsing. Be it in an urban or rural area, make sure your business is established in a location where your target audience can access

You are absolutely right Because the location of the business plays a very important role.Whenever you start a business, it is the first thing you should concentrate on the location Because your success is due to your location .

 

[eenya00]

Location plays a very vital role in the success of your business, it is one of the most important ingredient if you are supposed to run a very successful business in the long term.

 

[IamDozzy]

Location is a very important factor in the success of a business. Small scale enterprises that are located in densely populated areas are always well of than those located in sparsely populated areas. This is due to the fact that there would be a lot of patronage in the former as compared to the latter.

 

[Bagg victor]

Location of business is a very important part of the business that much be considered very well before the establishment of the business. location has to be a place where it is certain that sales can be made and that people will patronize the products of the company.

 

[Akinwale701]

Online gigs doesn't require location like how offline business requires it to grow. But we need location that is boost high connection speed and not slow internet connectivity for our online gigs.

That is my main point. Online business doesn't need or depend on locations to function very well. Although if it's a business that's based on advertising, you have got to be sensitive about the location you select, also about the network connections, it takes a very important priority.

 

[Sincerem]

That is my main point. Online business doesn't need or depend on locations to function very well. Although if it's a business that's based on advertising, you have got to be sensitive about the location you select, also about the network connections, it takes a very important priority.

It doesn't depend on location 100% to run successfully. But location determines how fast and successful it should be. Not all location suit a business plan, before starting any business you need to check the location to ascertain if it is necessary to start on a selected location or not.

 

[Sarfraz Ali123]

Your choice of business location affects your income, your expenses, and sometimes whether you're operating legally. Even in an age where people can buy and sell through the internet and project teams can collaborate from various states and countries, location plays a significant role in your company's success or failure.

 

[Patrik]

Of course it does, especially if your business's purpose has something to do with interacting with people (selling for people for example), your business's location has to be in a place that's exposed for everyone, so you can gather the maximum possible of clients