What to take note of when choosing the location of your Business

Carpon

Valued Contributor
One of the most important things that should be taken into consideration when setting up a business is it's location. The location of a business is very important because it determines the kind of patronage you'll attract and the ease of locating you will also depend on this.

✓ Site your business in a place that is frequently followed. There are places that a lot of people follow and that will be a nice place to locate your Business because many people will have the exposure to your business and you may not even need to advertise if this is in place

✓ Moreso, you need to take note of the security of your location. If you site your business in a place that is not well secured, you may face the threat of theft, attacks and many others. So you must also know the level of security you have in the location of your business.
 

Etini

Valued Contributor
Before you choose a location for your business, you have to consider who your potential custimers are or would be. And also the nature of your business. Are your potential customers supposed to be residents of that locality? Or your potential customers are not in that locality? I think it is better to site a business close to your potential markwy. It makes it easy for your business to get patronage.

Another thing you have to consider is the nature of your producrs/ business. Is your product a thing that people can afforrd to transport themselves and purchase? All these factors should be considered before choosing a location for your business.

Why would a person open a shop he intends to sell diapers in a student's in a location dominated by students. It snply won't work. So, it is important that you consider your market before choosing a location for your business.
 
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