A good location can make the difference between a profitable and a bankrupt business. There are many questions to consider when choosing a business site. Use the questions below as a checklist for potential locations and then compare several sites.
- Are there parking facilities?
- Is transportation available and convenient?
- Is the quality of police and fire service adequate?
- Will it be a quality site for the future—not just five years from now, but in 10, or 25 years?
- Is nearby housing readily available for management and employees?
- Is there nearby competition? Are those sites better or worse than yours?
- What is the general business climate in the area? Is this a prosperous market?
- Are merchandise and raw materials available? Are your suppliers easily accessible?
- How is the traffic flow—can your customers reach you quickly and inexpensively?
- Is your building suitable to your kind of business—will it need any major renovations?
- Is there an adequate community infrastructure for utilities (sewer, water, power, gas, etc.)?
- What is the tax burden—town, city, county, state? Will this impede your business and growth?
- What are the costs of operation in this location—will it be too high to offer you an adequate profit?
Skills Startup StrategyQualifications :- High School - SLV, College/University - Graphic Era Deemed Univ University,
I started my Professional Journey in 2006 with one of the Web Development Company in Bangalore and my 1st framework was "Ruby on Rail" as Web development and delivered around 5+ Projects using this platform. Then came another dimension as JEE/Sturst framework, Gradually I realized that I want to build something on my own and give my passion and energy on creating something different a