To fail… It’s crucial to live in a place that gives forth a going-nowhere vibe. Seek spots that attract individuals with average or below average profits, and prefer surroundings that are so atrocious, even the most talented would succumb to writer’s block. Live with individuals who will encourage you to assume paths you clearly don’t need; living with your parents for as long as conceivable may be really helpful here.
Be careful… if you are in the right place you just may succeed.
You might have heard people say that location is the most important consideration for a business. Then the next most important is . . . . . . . . location and so on.
For many reasons getting the right location can make the difference between success and failure. It is always possible to think of a shop or a restaurant where we live that has closed down maybe because it was in the wrong place.
There are lots of reasons why location is important to a business and location matters to some businesses more than others.
The location of the business may affect the workers to be employed at the business. Workers must be either available locally or else prepared to travel. It is important that those workers have the right skills.
If locally there is high unemployment it may be easier to recruit staff and it may be possible that they could be employed more cheaply. If there is high unemployment local people may not have the money to be able to spend in the business.
Another consideration for the location of a business is that the right amount of land and buildings must be available. Certain businesses need to be near to their customers or to their suppliers.
Transport and communication links associated with a given area are also part of the equation when deciding where to place a business. The provision of telephone and internet services in the area may also have to be considered.
Certain businesses in primary industries will need to be sited near to material resources and secondary businesses may also be sited close to resources that are important to their business. All businesses need to reach customers and the location of retail business has to consider foot traffic counts.
For many reasons the location of many businesses is crucial to their success or otherwise.