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Old 27th May 2013, 03:43 PM   #1
AngelBiz
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Default Factors You Must Consider In Choosing Location For Small Business

When it comes to starting small business location is everything. Where you locate your business can eventually decide whether the business will survive in the long run or will encounter headwinds forcing you to shut it down or relocate it. This is especially true of retail businesses that largely rely on customer foot traffic. I have seen number of promising business that had to close down because they chose the wrong location.

Large retail businesses have dedicated real estate departments whose job it is to scout locations for expansion. Now, small businesses cannot afford to have a department to focus on real estate, but that doesn’t diminish the attention you have to give in choosing a location for your business.

Read more - http://www.smallbizviewpoints.com/20...mall-business/

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Old 29th May 2013, 05:09 AM   #2
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Great point.Location is_almost_everything.Some of the things you need to factor in when choosing the location for your small business include:
1.Competition
2.Visibility
3.Cost/affordability of the area
4.Area reputation and security
5.Laws-this is diverse.Consider things like laws governing business expansion or improvement,tax allowances and government benefits like grants.

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