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Choosing the right location for your business!
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[QUOTE="Kendy, post: 212669, member: 63869"] In business, I can assuredly posit that location plays a major role in maximizing of profits. When setting up a business plan, it is pertinent for a business owner or an entrepreneur to place priority on the location where the business would be situated. It is important to always position a business where your target or specific audience would be accessible. For instance, if you want to operate a computer shop or printing press, it would be more profitable if you set the business in an urban area where there are firms and editorial personnels and also to set up such business in areas close to higher institutions and schools as a whole. If this business were to be situated in a rural area where there is no basic amenities like electricity which would be a requirement for such business then the business is more likely to crumble because those occupants of rural settlement are not exposed to digital facilities and also the schools around do not even inculcate digital literacy into the school curriculum. When once a business plan is set and the location is not well planned and strategic, it shows that the business plan is faulty and needs to be worked upon in a prompt manner. [/QUOTE]
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Choosing the right location for your business!
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