asked 188k views
1 vote
How can choosing a great location in a popular part of town actually be a disavantage for a business

A. There will be a steady stream of customers.
B. The rent may be considerably higher.
C. There will be little competition.
D. Similiar businesses might also appear in the area.

asked
User Zurfyx
by
8.3k points

2 Answers

3 votes
Similar businesses might also appear in the area.
answered
User Zhenghong Wang
by
8.6k points
4 votes
The rent will be considerably higher makes since to me because it's in the popular part of town the property value would be higher than if you were in the ad part of town.
answered
User Michael Kohout
by
8.2k points
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