The secret to selecting the ideal location for a business is:
A)the available labor pool for the business.
B)knowing the customer and what is convenient to them.
C)the tax rate of the local and state governments.
D)the security of the area and the services provided by the site to the business owner.

Question

Quizplus · Accepted Answer

Knowing the customer and what is convenient to them should be the primary consideration when selecting a location for a business. Convenience to customers can lead to more foot traffic, higher sales, and ultimately, greater profits. While factors such as labor pool, tax rates, security, and services provided by the site are important, they should be secondary considerations that are evaluated after the potential customer base has been identified.

The Secret to Selecting the Ideal Location for a Business