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The geographical area of your business can affect operating costs and, ultimately, how much you make. Here are three important factors to consider when establishing a location for your business.
Obviously, it would be best if you were close to the customer. Think about being within walking distance or a short drive away from your target audience. A small town can work within an hour of a large city, but most want access to shopping and entertainment.
Your business also needs to be in a location that is easily accessible. Consider what kind of commute you have to make. You may not be able to afford to operate in the city, but there are still many things you can do to help you be successful.
If you live in the suburbs, you may want to consider a location closer to home. Consider the expenses for gasoline…