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Business strategy
Tips to know the perfect location for your business
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[QUOTE="Augusta, post: 305332, member: 25283"] The truth is that the success of your business might just depends on the location of your business we such it is good to site your business in a location that will fsvor it. The fact remains that not all locations will be perfect for your business so it becomes expedient to choose your location wisely to get the right one. So how do you know the perfect location for your kind of business Avoid poor transport links it your business will required frequent deliveries. Then you should forget about locations with poor transport links it will hamper your business. Know that w goodv location is highly accessible by car, bus and even train. Security conscious places You need to check the level of security in an area. You can use your intuition and probability level to assess a place. if it is crime filled them it isn't the right location for your business Rate of competition You need to check the proximity to other competing businesses if they can offer any benefit to your business'. if it is positive then that will be the right location for your business knowing the competitors in a location can help determine if a location is right for your business Business Rates of survival You need to know the rate of survival of your business in a location. A location that your business will be viable is the right location for you [/QUOTE]
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