Monday, 18 August 2014

BUSINESS PITFALL (4)

LOCATION LOCATION LOCATION

Your college professor was right -- location is
critical to the success of your business. Whereas a
good business location may enable a struggling
business to ultimately survive and thrive, a bad
location could spell disaster to even the best-
managed enterprise.
Some factors to consider:
Where your customers are
Traffic, accessibility, parking and lighting
Location of competitors
Condition and safety of building
Local incentive programs for business start-ups
in specific targeted areas
The history, community flavor and receptiveness
to a new business at a prospective site




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