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The Importance of Location when Starting a Business
- Accessibility – you want to make it as convenient as possible for your customers to visit you.
- Widens your skill base – potential employees have more likely access to find you if your located near by
- Perception – Your physical location can also have an impact on your business’ market positioning, reflecting your brand and its products or services.
- It can save you money – If you pick a location with frequent traffic the more potential to make more income
- Pricing Structure – good location means your pricing can reflect the area your located in
- Competition nearby – helps regulate business and customers
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