Do you think location plays a major role in any business success??

[Sincerem]

I think that the demand of the product is related to the location. Some products are demanded much more in certain areas and this is why they sell like hot cakes in certain locations.

That is exactly what I said up there. I personally wouldn't consider to establish a business when I have not put into consideration the location suitable for that business. I wouldn't just want to be careless about the business I have established with my money.

 

[Ronald]

That is what so many people might fail to understand. Some people when establishing a business they do not put location into consideration which in most cases might be the reasons for their business failure. Certain location are suitable for certain business depending on the one you are interested to establish

I am fully aware that the location of the company is vital to the success of any enterprise. If your desire is for your business to expand into a well patronized establishment, try to locate it in a location where the quality of the product will be shown more rather than in a secluded and obscure place

 

[tyrim88]

In business the place and area you place you business is very important,except you are into online business,your potential customers should be able to have easy access to your business,and it must be easy to locate.

 

[Sincerem]

I am fully aware that the location of the company is vital to the success of any enterprise. If your desire is for your business to expand into a well patronized establishment, try to locate it in a location where the quality of the product will be shown more rather than in a secluded and obscure place

That is one of the vital plans and preparations that must be adopted by business owner . In case they are interested to have a successful business. If location is not lucrative obviously the business is the one that will suffer.

 

[Good-Person]

Their are businesses that is managed in the rural areas and still going strong and bringing steady returns. Same goes to the urban areas and their is still profit flowing steady. But everything depends on the strategies and plan one used for the business.

Do you think that location can play a major role in determining a business success??

Location is a very important factor, but sometimes location may not play a role. For example, an online trader could trade anywhere and the location of the business is totally irrelevant.

 

[Ronald]

That is one of the vital plans and preparations that must be adopted by business owner . In case they are interested to have a successful business. If location is not lucrative obviously the business is the one that will suffer.

Also, location provides an advantage over competition, especially if your establishment is much more accessible to customers than other businesses which might even be selling the exact same product. That's just my two cents on it

 

[AruneBend]

You need a lot of things to make a business successful. Location plays quite an important role too. Your profit will increase if you start your business in a good location, but sometimes business is still successful no matter the location.

 

[frederick_9]

Location is important in attracting and keeping the best employees, including many who pay particular attention to where they are located, in order to enhance job happiness.
Making wise site choices will considerably increase an organization's long-term performance.
Millions of underprivileged people will pay a price in lost skill, efficiency, and cash.

 

[Sincerem]

I am fully aware that the location of the company is vital to the success of any enterprise. If your desire is for your business to expand into a well patronized establishment, try to locate it in a location where the quality of the product will be shown more rather than in a secluded and obscure place

Mostly a lot of people who have established a business understand that location is also very important , but sometimes the challenges In acquiring a good location for most business is always expensive.

 

[Ronald]

Mostly a lot of people who have established a business understand that location is also very important , but sometimes the challenges In acquiring a good location for most business is always expensive.

This is quite a salient point that you have made. Sometimes as a business person, you may have identified the perfect stop to establish your business but the legal ramifications of settling at that particular location are too huge to bear

 

[Sincerem]

This is quite a salient point that you have made. Sometimes as a business person, you may have identified the perfect stop to establish your business but the legal ramifications of settling at that particular location are too huge to bear

But every business owners should try to get a perfect location. It does not really make sense for you to establish your business in a bad location then at the end you are not able to make anything in return

 

[Ronald]

But every business owners should try to get a perfect location. It does not really make sense for you to establish your business in a bad location then at the end you are not able to make anything in return

I understand your point quite well. However, in some cases, life does not deal us the best hand, and we have to make use of that to thrive. With that being said, due to different factors, one may not find a great location, but will make sure the business thrives regardless.

 

[Sincerem]

I understand your point quite well. However, in some cases, life does not deal us the best hand, and we have to make use of that to thrive. With that being said, due to different factors, one may not find a great location, but will make sure the business thrives regardless.

Is there any need of establishing a business when the location is not suitable for the business ? I believe it is as good as not even establishing the business in the first place.

 

[Ronald]

Is there any need of establishing a business when the location is not suitable for the business ? I believe it is as good as not even establishing the business in the first place.

Sometimes, for some people, the desire to establish a business supersedes any of the factors we have talked about. In that respect, it will be the sheer determination to see the business thrive that will make it a force to reckon with.

 

[Sincerem]

Sometimes, for some people, the desire to establish a business supersedes any of the factors we have talked about. In that respect, it will be the sheer determination to see the business thrive that will make it a force to reckon with.

Only if they can manage a business from the wrong location to make it a successful one There is no problem. Just that its risky considering the fact that you're going to spend a lot of money in setting up the business.

 

[Ronald]

Only if they can manage a business from the wrong location to make it a successful one There is no problem. Just that its risky considering the fact that you're going to spend a lot of money in setting up the business.

There is no denying that starting a business from scratch in an unfavorable location is extremely difficult. However, the implementation of the business plan to perfection can remedy this challenge.

 

[Shigobad20201]

When you are plànning to start a business after a good business plan , your business cannot be succesful unless you get a good location where the business can do well without problem

 

[Sincerem]

When you are plànning to start a business after a good business plan , your business cannot be succesful unless you get a good location where the business can do well without problem

Exactly . I also thought the way you do . some certain location may be suitable for a specific business while others may also be suitable for a particular business of different type and nature.

 

[Joseph555]

Good location decisions will improve the long-term success of an organization significantly. Lost talent, efficiency and money will cost millions of poor people.

 

[Sotherefore]

You can't establish a good business in a bad location . That is very important and we have to be observant of the location we are interested to start a business. Certain locations leads to business failure.