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How does location help your business grow?
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[QUOTE="Setho, post: 240293, member: 29023"] Location in combination with capital and labour is one of the most important aspects of business that can single-handedly be able to detect if the business is going to perform well or not . This is why a lot of people usually advocates that you should take as much time as you need in choosing a very good business location . Location can be able to impact the business in so many ways such as . Nearness to market . You are going to be doing your business a lot of good if the place for production is going to be close to the market where you can easily be able to transport it and then save money on logistics as well as reducing the chance of food spoilage especially if you are in the agricultural industry. Nearness to raw materials . It is very important that you should choose a business location that is close to where you are going to be getting a supply stock of raw materials . It is going to be a lot of headache if you will have to transport raw materials from a particular place to where they are going to be processed and also where they are going to be stored. [/QUOTE]
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