Why you must consider your environment before establishing your business.

[TOZZIBLINKZ]

The human environment comprises of various activities and practices that are going on hiddenly and unhiddenly around it . The business environment is not left out also , there are some activities that goes on in a particular business environment that the business owner must take into consideration and must make a feasibility study concerning the environment to know whether the environment is suitable for a kind of business he or she tends to established . Sometimes it is not always about checking whether a particular environment content enough population , or contains individual and household that earns high income . Although they are both factors are one of the things to consider no doubt , but one of the main thing to consider about the business environment is to know the type of activities and practices carried out by various individuals living in that particular environment to know whether your business can in any way survive there .

Majority of business owners do the mistake of not conducting a feasibility study about the area which they intend to situate their business , and most of them go ahead to build business structures and buildings in areas that has high crime rates . Areas that are considered to be filled with arm robbers , hoodlums , miscreant , pickpockets , car vandalizers , and road assaulters are considered not to be suitable for business .

 

[Sikapa]

Is so important to know the kind of environment that you are establishing your business because not all business can be establish anywhere. Some businesses need a conducive environment. I always talk about neatness and branding whish is so important in every business, the you brand yourself can even attract customers and consumers into you business.

 

[eldavis]

Our environment or as some would like to call it location, plays a very important role in the business. The location of the business could either make the business or even destroy the business. Most persons tend to choose their location based on where they feel has less competition, but this is actually the wrong thing to do.
When choosing a business, the first thing you should look out for is your target audience. Take time to know your target audience and the places you can easily have access to them.

 

[Setho]

The environment where a business is going to be setup is one of the most important aspect of the business . A lot of people usually neglect little things like this not knowing that it is the one that contributes massively to how successful a business is going to become.

It is important that you should choose a business location that is affordable for you to start with because you are definitely not going to want to be paying the whole of your profit as rent especially when you are just touching up .

Your business location should also be somewhere that has a lot of social amenities. In developed countries where electricity and water and the road supply is not that about that you are going to be doing yourself good if you find your business in a place that has abundance of these resources.

It is also wise that you should consider the location of your business to be somewhere close to hear your employees are going to be staying as well as where your raw materials can be found . The amount of salary you will pay your employees is definitely going to increase if it is found in another place and you have to travel to get there.

 

[Sotherefore]

Location plays a very important role in the success of every business and in whatever we are doing the location must always be the most important thing we have to consider because if proper location is not considered , sometimes the business we are establishing may not likely be successful , because of this we have to try as much as possible to get a suitable location depending on our area of business since all business has different locations and requirements.

A lot of people do not always consider a location of a business and they will choose to set up a business closer to where they are living because of the conveniences. In most cases this might really help in some circumstances but however it might not really be the best because if the location is not really profitable there is no way you will be able to make money from the business you have set up.

It is not just about starting of a business but the most important thing is how you can organise to make sure you have a successful business is what will determine your success. if this is not done perfectly you may not likely have a smooth business.

 

[Augusta]

Your last paragraph is the truth and it is one thing one need to consider when looking for a location for your business. if you locate your store where there's high level of criminality be ready to have your business run down in no time. one thing that a business needs to strive is a good location, you need to site your business where it would flourish and not be deminish by people around the location.

You need to site your business nearness to raw materials so that getting materials for production be easy.

Again, it should be sited near where customers can easily access the business,when once jt is far from customers making sales will be difficult.

it is good to always make a resesrvh about a location because hsing it for a business. maybe taking a survey will help.

 

[AaqilFaraj]

Knowing who's who in the local business setup community might help you get started quickly. These include visa applications, corporate bank account establishment, and business registration.

 

[Kendy]

In the course of choosing a particular business idea and up to the point of ascertaining where the business will be best located, this is for offline businesses, the environment must be taken into consideration. There are some businesses that are right and feasible but the environment in which it is located brings a major challenge. There are some environment that are being coarsed with terrorism by environmental hazards and other problems and this increases the chances of potential customers to patronize.
It poses a serious threat to the sustainability and feasibility of the business. At the point of devising a business plan, it is pertinent that the business owner should take into consideration what kind of environment the business should be situated to meet the demands of the target audience.


If a business is situated in a location where the target audience are unavailable, it will definitely be a misfire because sales will not be productive. There is a man in my location who runs building materials but the business is not successful due to the environment which the business has been. In this environment, almost everybody has completed houses this business will be most feasible in places where houses are being under construction or developed.

 

[Jasz]

Establishing a new business is one of the most important decisions you'll make in your life.

It's also one of the most nerve-wracking. You want to make sure that you're doing everything right, and since this is the first time you're doing it, there's a lot of pressure to get it right the first time.

One of the most important things to keep in mind when establishing your business is its environment. Where will your business be located? Will it have a physical location, or will it be entirely virtual? How will you design your work space? What amenities will you provide for employees? What sort of office equipment must you have, and how much can you afford to spend on it?

These may seem like small details compared to big questions like "what products do we sell?" or "who are our customers?" but they are extremely important considerations that can make or break your business before it even really gets started. If you don't think about these things carefully and plan accordingly, then even if you have an amazing product and great customers, your business could fail before it begins because you didn't take the time to consider your environment.

 

[Richee84]

Business environment is very important factor to be consider before setting up a business, during the feasibility study business environment must be study and analyze to see if the business is suitable for that particular environment. The are so many reasons why business environment should be consider before setting up a business and some of those reasons can be discuss below.
Business environment must be consider in order to know if the business is good or suitable for a particular area, not all business can be establish in an environment as there are some society factor that can affect the business. Some environment or society does not tolerate certain kind of business due to their religion believe or culture, if a business is not in line with the people believe or culture of that particular environment where the business is sited, the business might not see the light of the day.
Another good factor is age group of the people living in that particular environment, this is also another very good factor to consider in an environment before they can establish their business in that environment. An environment with youth population will attract business that is young people oriented in order to make profit.

 

[CALVINDOL]

I totally and honestly agree with the fact that your environment plays a very important role in determining how successful your business will be yet not a lot of people know this and because there are so desperate to establish a business or to implement a particular business idea that they intend to establish I have been moved or forced to sit with their business in a wrong located area which absolutely affect their business negatively . on the other hand majority of individuals have situated in their business in a place very conducive and reliable for it and they have been making more profit because there is market for your product . One of the guidelines to know which area to situate your business is actually the fact that if your business is over buying and selling kind is advisable to situate sword business in an area with huge and massive population of people because they hire the individuals they more likely the patronizing and the lower the population the lower your product will be get sold to members of the public and you probably will make no business incomes and profits .

Not all business necessarily need to be situated in an area with youth population for example business that had to do with agricultural rearing and planting of farm crops and farm animals which is to be sold in the industrial market .