Economic Value of Location

Many circumstances must be evaluated prior to deciding on a location for your business operation. Some of these decisions make a big impact on the economic costs associated with a location. You need to identify these underlying criteria and associate costs to them. This then becomes a model to use in your decision process.

Research Your Business Plan – Part II

Business Plan

There is a process to determine the where of your plan. Sometimes it is obvious, if retail, then a retail location is ideal. If service and the customer travels to you such as a professional, then an appropriate office location is important. Focus on the type of office environment, medical should try to locate in or around other medical facilities.

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