When choosing a location, an entrepreneur has to plan several things before making a decision. In this assignment, we will discuss how choosing a location has an effect on the operations of the business. We will also look at some things that an entrepreneur has to keep in mind before making the decision. We will also discuss what impact it has on the overall customer experience and quality control of the customer. We will also see how location can make a small business succeed, because of the planning and decision making that the owner took for the business location. .
Business Location and Operations.
Entrepreneurs have a number of things to consider when starting their new venture and one of the biggest is how to find the right location. While the business location may not seem like a looming decision, especially for start-ups working from home, it should still be a priority to plan for expected future growth. One of the most important and the basic things for a young business owner is known as the Four P's: Price, Product, Promotion and Place. When choosing the place of business, one must keep in mind the operations of your business and have to make sure that it suits your business. Location of a small business can make a big difference in the success of the business, because location refers to where your customers can receive your products and services. If you are a retailer, a restaurant or other servicing business, you have to choose a place where consumers can easily evaluate and ultimately receive your goods and services. The Business operations will quickly narrow the list of commercial locations and spaces that are applicable for your business. No matter what type of business you start it is always critical to keep in mind what the current business needs as well as the expected future growth of the business that the owner is looking for. (http://entrepreneurs.about.com/od/gettingstarted/a/chooselocation.
