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Why location of businesses is critical to small-scale retailers.
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[QUOTE="btaliat, post: 242920, member: 26390"] Location as it serves as the major determinant for the large scale business, that's how it serves as a major determinant for small scale business. If a small scale owner fails to choose the right place or location for his business, there is tendency that the business may not live to see the light of the day. Location will ensure that the intending small scale business owner choose the place where there will will be concentration of market. That is, those people that will be the intending customers. Most time, the type of product that will deal with determine the kind of location to choose. Location will also help the small scale business owner to beat up the stiff competition. There is no doubt that one of the major problem of a small scale business owner is that of competitorrs. So to really fight against this, it is better for a business owner to choose the place where there won't be much competitors. A business owner especially those that are scale business owner will always be better off when they choose a location where there are many people to patronise their goods and products. That's why estate may not not really be a good place for a small scale business owner. [/QUOTE]
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Why location of businesses is critical to small-scale retailers.
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