Location, Location, Location – Your business advisor from SCORE was right — location is critical to the success of your business. Whereas a good location may have enabled your struggling business to ultimately survive and thrive, your poor location is the straw that will break the back of this camel of a retail business of yours.
Next time, if you get a next time, pay attention to the following factors:
* Where your customers are
* Traffic, accessibility, parking and lighting
* Location of competitors
* Condition and safety of building
* Local incentive programs for business start-ups in specific targeted areas
* The receptiveness to a new business at a prospective site