Should you establish a business close to where you live?

[flower]

It is a great advantage established business close to where you live because you must have already established a brand and you must have built loyalty. Such business will grow very quickly. The disadvantages in establishing a business close to where you live is the thought of selling your items based on credits because of the familiarity that is involved and that would kill the business so fast.

 

[Starmix]

Indeed there are advantages and disadvantages establishing your business nearer where you live. If your business is big people in the community will be ashamed to buy in credit. It's important to also say No impulsively.

 

[nomad]

If your business is close to your home, you have a lot of benefits, one, primary benefits is you do not have to spend money and time to travel to your business.

 

[eldavis]

I think the most important thing we should look out is not if the business is close to where you stay or not, but rather if your target audience can be found there. Your business could be far from where you live but it does not guarantee success.

 

[Starmix]

It is advantageous if your business is within your location. People will support you. They will become your permanent customers. I see many businesses here in my place owners live nearer.

 

[Ratine]

Sometimes it's not necessary to set up the business on the place that you live. Determining the business location entrepreneurs must focus on the important factors like the availability of the market and the accessibility to means of transportation.

 

[flower]

It is advantageous if your business is within your location. People will support you. They will become your permanent customers. I see many businesses here in my place owners live nearer.

You have made a very very point. 0ne of the features that you would enjoy if you establish a business very close to where you live is that you would be able to generate enough support and the business would grow very fast as well.

 

[Starmix]

You have made a very very point. 0ne of the features that you would enjoy if you establish a business very close to where you live is that you would be able to generate enough support and the business would grow very fast as well.

That's true and you're also friends with them. There's no awkward situation and they can also understand if being denied of buying through credit successively without paying the previous first.

 

[ekta]

Establishing a business close to where you live has advantages like reduced commute time and familiarity with the area. However, it depends on factors like target market, competition, and business needs.; Being nearby can facilitate management but may limit market reach or growth potential.

 

[Starmix]

It's beneficial to the customers who live nearby your business center. They can save money going to big stores. Even if your store isn't gigantic but complete people will flock to your business to buy.

 

[Springtime]

The location of a business is of paramount importance to the success of the business. The business should be located near the target audience. Whether it is near your residence should not be an important criteria.

 

[Stardom22]

l think that the business location is not determined by where you live. There are more important factors that the entrepreneurs should consider on availability of the market of the business.

 

[Starmix]

It's good to build the business in my location. People won't be bothered coming in and out especially if it's a walking distance. They can also help protect your business from the bad elements.

 

[Stardom22]

lts actually not a must to locate your business to your home. For me that looks very unprofessional.

 

[Starmix]

There are businesses here operated in the ground floor of their homes. It also depends on the size of your home.

 

[cherry123]

Yes, establishing a business close to where you live will help with reduced commute time and money. You can save big on transportation

 

[bestwriter]

It would be better if it is set up in a an area where there is access to many and not just those who live around you

 

[King Belieal]

If your business is close to where you live, it would be massive plus to you as you would be able to easily manage the business.

 

[Shavkat]

I think it is a good idea. Some Chinese businessmen have their places to live in above their business establishments.

 

[Sanjeev]

I won't like an idea to sell things on credit. I would like to start my business where I live because I would be familiar with the people and the place in that case.