Apart from demand for the business, what factors are considered in choosing location of a business?

[Kera]

When it comes to the location of a business, the most important variable always considered is the demand of the business in that location.

I don't want to believe that it is only demand that is considered in choosing the location of the business. Which other factors are considered in choosing a business location?

 

[Augusta]

You look at your target audience and find out if you can get them in that location. Make sure it is worth stationing your business

 

[magnus2022]

Business location is vital to the success of a business, apart from demand abother factor is security. Doing business in unsecured environment is very risky and can make business fail woefully. No business survive under high level of insecurity.

 

[eLdavis]

Another factor you need to consider is nearness to resources. Which means you need to setup your business close to a place where you can easily restock or get the materials needed to run the business with ease.

 

[Trush Jodie]

Apart from demand in a location, you should be looking at the ease of people accessing the business from anywhere they are located around the city.

 

[Stardom22]

The availability of the business market and infrastructure services like transportation would force business to be located in areas with those services.

 

[Miley]

Aside from higher demands other factors that can be considered for choosing your location is transportation and audience.