Business location

AgoraForo - Digital Marketplace & Freelancer Forum

Golden9

Notable
Member
Sep 6, 2022
1,897
143
Dex
$0.000
Raw Dex
$1.485
Choosing a location for your business should depend on the type of business and your audience.

The most common idea is to locate it in a place with a lot of people, but agriculture is a type of business too, and the best location for a large farm would be on the outskirts of town.

You want to have ease of access to your customers, to raw materials and utilities.
 

Mikky

Notable
Member
Jul 14, 2022
2,376
715
Dex
$0.000
Raw Dex
$0.000
Choosing a location for your business should depend on the type of business and your audience.

The most common idea is to locate it in a place with a lot of people, but agriculture is a type of business too, and the best location for a large farm would be on the outskirts of town.

You want to have ease of access to your customers, to raw materials and utilities.
Exactly the best location is where you have easy access to both customers and raw materials.
 

hastral45

Notable
Member
Sep 16, 2022
3,808
323
Dex
$0.000
Raw Dex
$0.000
The location of your business and nearness to the market matters a lot. Although this cannot pose a problem where there is good network of feeding roads.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,535
Dex
$0.000
Raw Dex
$0.078
There are some business that don't requires location but customers will come like fish business
I think the typical example of the kind of business is grocery business because grocery is needed in our everyday life and people will surely patronize you no matter where you are
 

misha

Notable
Member
Dec 5, 2022
1,280
126
Dex
$0.000
Raw Dex
$0.000
Location is very important for business if it's office than it has to be in town or city area if it's industry than industrial area would be good
 

Johnson2468

Notable
Member
Dec 23, 2022
2,787
167
Dex
$0.000
Raw Dex
$0.000
My take on this is this, It depends on the type of the business you are starting. For instance you can put up a chemistry shop near hospitals and bookstore near some schools. However you can start any business in the town centres because of the availability of market due to multitude of people who are flooded in towns 24/7.
This is absolutely true, it depends on the kind of business
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,535
Dex
$0.000
Raw Dex
$0.078
Location is very important for business if it's office than it has to be in town or city area if it's industry than industrial area would be good
This is why we always need to find the best location for the business that we want to venture into so that we won't move out of the location at the end because we are not making money and we will not feel like the business is not lucrative simply because we did not choose the right location
 

Mikky

Notable
Member
Jul 14, 2022
2,376
715
Dex
$0.000
Raw Dex
$0.000
This is why we always need to find the best location for the business that we want to venture into so that we won't move out of the location at the end because we are not making money and we will not feel like the business is not lucrative simply because we did not choose the right location
Choosing the wrong location at times is enough to disorientate business owners and even move them to close down the business , that is why feasibility study is advisable for new business.
 
Back
Top