You’re opening a retail business, selling direct to the consumer, and you are looking for a physical location.  What are some of the things you need to consider?  How do you choose one location over another?  Which criteria should weigh heavier?  You’ve heard the old saying of: “Location, Location, Location”, but what does that mean, exactly?  One of the biggest decisions you make, after the decision to start a business, is where to locate your business.

There are many possible locations for a retail business.  You could locate it in a shopping mall, a strip mall, a free standing building, or in a business district.  You can lease the space, purchase or sublet it.  What you choose can be based on several different factors, so let’s talk about some of those factors.

Continue reading “Finding the Perfect Location Part 1 | Lydia Mehit” →