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Business strategy
Advantage of locating your business in a business district.
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[QUOTE="Etini, post: 344743, member: 90141"] As they always say, location is one of the major components that affects a business. From research, business districts are one of the best locations to site your business. A business district is a designated area with high level of commercial activities. Advantages of siting your business in a business district are: 1) High traffic of people because they come in droves to patronize the different businesses in the area and would easily spiral into patronage for your own business. 2) Shared resources: Business districts usually have a common source of power, internet services abs other utilities thereby reducing the overhead costs for individual businesses. 3) Higher chances of networking and collaboration with other support businesses that might be valuable to your business because you are in close proximity with such businesses. [/QUOTE]
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