Setting up a business in the right location.

CALVINDOL

Verified member
Majority of people today are so desperate to the fact that they are not able to consider some setting and key factors that they should have considered when trying to setup a particular business . Assuming that a person indeed has the requisite capital and authority to establish a business that he or she possibly want to establish he or she must also understand that having a capital is not the only thing mandatory in starting up a business but rather another key factors that must be considered when starting a business is the location in which the business would be situated . It is absolutely very saddened and never congratulate it to see that the majority of business owner do not know how important the location of your business is and how far the location of a business absolutely determined the success rate of a particular business .

In order to set up a business in the right and proper location first of all you must ask yourself what you are looking for in the business . And the answer to that question can be answered when you determine whether the business will be a service provider kind of business or a business that deal on the act of buying and selling . According to experience a business that deals with the act of buying and selling that is sells commodity to members to buy in order to make income such a business must be situated in an area with high population , because it is assumed that the higher the population the higher the ability for such business to make profit and income .
 

TOZZIBLINKZ

VIP Contributor
The location of your business totally plays a very important role in determining the success rate of the business and if you may have ever run through my previously posted threads and comments , you will come to see that I have made mention countless of times how important it is for a business owner to put into consideration the location in which he or she intends to establish his or her business because the ability for his business to prosper and succeed basically depends on the location of such a business .

Let us put it in a little senior role by illustrating the fact that you want to establish a water sachet industry and then established it in an area weird people do not fancy the drinking of sachet water but rather they get their water from streams and lakes and on rivers and after passing through some sort of water purification the water becomes safe for them to drink . If you establish such business or industry here there is every possibility that your business will not yield something rewarding or wouldn't prosper at all . That is why it is advised that in order to avoid this you must conduct a feasibility study on the location you have chosen to establish your business on your company so as not to make losses but rather profit .
 
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