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

[Alexandoy]

Yes, for sure the location is a big factor in business. People rent a space in the mall even if the monthly rental is prohibitive. The reason is the big number of people that go to the mall. Those are prospects of the business and even if 1% of those mall-goers would check on the business then that can result in a good amount of sales.

 

[sincerem]

Yes, it is vey much affected in offline business especially. Because, time and again I have seen the businesses that have not grown being a good potential is due to it's location that makes it worthless. In online businesses too, when you want to start it on a wider scale you need to channelize it properly and there comes location into play again.

Location is very ideal in determining our business welfare. Online and offline business have a way of determining the best possible location that suit it. In online business we always find the best avenue to channelized it, just as you said. Why in online business we make plans to come up with the best suiting location for our business.

 

[sincerem]

Yes, the location where a business is situated is very important... That is one of the most important thing or factor you have to consider as a business person.... For an instant you want to have a ranch and you think it's a city that suits you whereas you might be find for a lot of things like populating the ground or the air... The location must favour your business

You spoke admirably well with experience. For an entrepreneur to choose a business location to manage, he or she need to determine first, if the location he or she is choosing is favourable to the plan they have before going on to start up one for themselves.

 

[sincerem]

Location play a very important role in a business, the better your location the easier it is for you to meet your target customers and the better your profit, that is why you see some paying millions for a shop in the highland when they can get the same shop for less than 200k.

That's that, some people pay millions a to get a shop located at a good site suitable to their plans. We don't just spend millions when we only sell fruits, or on petty business things. Rather we spent such for a very lucrative business initiative that will yield profit if started in a populated and open place for good marketing purposes.

 

[Sammyesx]

Location play a very important role in a business, the better your location the easier it is for you to meet your target customers and the better your profit, that is why you see some paying millions for a shop in the highland when they can get the same shop for less than 200k.

 

[sincerem]

Location please an important role in time of business . The location of your business will determine the ground of which you are to be well partronized. In the business acpect it depends on the type of business you want to start the location still depends on the type if it is a production business that is the one don't matter the location but all is needed is the marketing and the quality productivity. And if it is like shopping complex the location matters a lot.

That is correct, location plays a vital role in determining ones progress in a business. We shouldn't just start a business where the location isn't favourable with it at all. Rather we should utilize the best possible location for it in order to drive success from it.

 

[Lekhraj19]

Yes, it is vey much affected in offline business especially. Because, time and again I have seen the businesses that have not grown being a good potential is due to it's location that makes it worthless. In online businesses too, when you want to start it on a wider scale you need to channelize it properly and there comes location into play again.

 

[Doradorwa]

Yes, the location where a business is situated is very important... That is one of the most important thing or factor you have to consider as a business person.... For an instant you want to have a ranch and you think it's a city that suits you whereas you might be find for a lot of things like populating the ground or the air... The location must favour your business

 

[Georgeadawara]

Location please an important role in time of business . The location of your business will determine the ground of which you are to be well partronized. In the business acpect it depends on the type of business you want to start the location still depends on the type if it is a production business that is the one don't matter the location but all is needed is the marketing and the quality productivity. And if it is like shopping complex the location matters a lot.

 

[sincerem]

Yes. It really matters. A business owner must make sure he cite his business where it is mostly needed. This will enable him to meet the targeted audience. Also, location will determine the cash flow of the business. It will determine whether the business owner will making profit or loss

Yes, an entrepreneur need to make a wise choice when choosing a location. He or she should choose a location suitable to the plans of the business and not a location that wouldn't gel in with the business he or she chooses to manage. Location is necessary for every business start up to reach ends meet.

 

[sincerem]

Location of business matters a lot when executing a business plan. It is one of the most significant factor to consider before starting up a business. I've seen businesses fold up not because the plan was not good but because the site at which the business operates is not suitable for such business plan. Location plays a vital role in the success of every business.

You're correct dear, their are some businesses that is not suitable for a particular location but their insistence to operate on such kind of location deterred their business progress. Even when they got good plans they fail with their plans cos of NAD choice of location. We should make sure we choose the best location suitable business in order to operate to make profit ends.

 

[Haypril]

Location of business matters a lot when executing a business plan. It is one of the most significant factor to consider before starting up a business. I've seen businesses fold up not because the plan was not good but because the site at which the business operates is not suitable for such business plan. Location plays a vital role in the success of every business.

 

[btaliat]

Yes. It really matters. A business owner must make sure he cite his business where it is mostly needed. This will enable him to meet the targeted audience. Also, location will determine the cash flow of the business. It will determine whether the business owner will making profit or loss