5 Tips on Choosing a Location for Your Business

Discussion in 'Growing and Managing a Business' started by gregbraddy, Mar 22, 2010.

  1. gregbraddy

    gregbraddy
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    1.

    Find out if local zoning laws permit your kind of business at the site that you desire.
    2.

    Make sure the site has adequate public services—such as water and sewer services, trash collection, adequate drainage, and police and fire protection.
    3.

    Determine if there’s adequate, affordable transportation. Can your employees get to work? If you’re a manufacturer, are trucking services available?
    4.

    Consider the surrounding community. If you’re a high-end retailer, for example, are there sufficient high-income households nearby to support your business?
    5.

    Look at the other businesses in the area. Decide whether or not having direct competitors will be helpful.
     
  2. KCLaw

    KCLaw
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    Location is the most important factor when putting up a business. That's why I agree with you, thanks also for sharing those information with us. Keep it up!!
     
  3. PhBizConsulting

    PhBizConsulting
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    Philippines Ideal Business Location

    Philippines is an ideal business location for any company wishing to receive tax benefits and incentives. The Philippines government has been for the past decade pushing the Philippines as a global destination for investment.

    They have even set up liberal investment programs the Board of Investments BoI and PEZA are main ones helping investors bring in the investment and making sure their business succeeds.

    Triple I Consulting can help in all matters of business registration in the Philippines. Contact Us for more details
     
  4. firstchoicecar

    firstchoicecar
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    Great tips, Just to add up. In choosing a location for your business you also need to investigate or survey the historical background of the place itself. We wouldn't know if the place has a bad history such as crime scene, or any tremendous history. It might give a bad luck on your business according to others. So it is good to take a survey or investigation on the location.
     
  5. eddane

    eddane
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    Useful tips!

    I think you take in to account where you want to live personlly - if you are not happy this will show in your work.

    Ed
     

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