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Business strategy
Remedies for wrong business location
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[QUOTE="Mikes smithen, post: 339199, member: 90053"] Establishing a business in a wrong location can be a daunting and a critical situation which every business owner or an individual intending to establish business must totally avoid. Location please a very important role in the growth and development of a particular business idea that is why it is advised that the location of a business must be critically considered before actually establishing the business. Assuming you have established a business in a wrong location and looking for ways to remedy this situation, you can actually consider what exactly will make sense to sell or to render in such area apart from what you have presently. For example if you establish an electricity parts selling business in a rural area where they are no electricity or power supply, that can be a bad business location but you can switch your business inventory by finding out what exactly would succeed in that area. Considering a grocery store or a restaurant can be a good certain point or turning point. [/QUOTE]
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