Tips on Choosing a Location for Your Business
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.