Ten Suggestions For Site Selection

It is often heard that the older generation said that they should consider three conditions for opening a shop and doing business: "the first is the location; the second is the location; and the third is the location", so we can see the importance of site selection.

But some people think that the meaning of this sentence is: "as long as the choice is in the busy and bustling area."

The following factors should be taken into account when searching for the best location of the store:

1. is the business district of this region suitable for thinking?

2. if we need a mass consumer market, we can consider the first level business circle with convenient pportation and frequent crowds, so as to increase the visitor ratio and increase business income.

But if we need to emphasize the loyalty of the small consumer market, we can consider the operation of the sub market to reduce rent and other cost burdens.

3. longer business hours, businesses can choose to operate in crowded commercial areas, and increase business revenue over a long period of time.

4. if you want to open a community store, because the consumption pattern of the community is relatively closed, we must consider the saturation of the commodity market and the occupancy status of the existing industry.

5. prepared

6. is the number of stores in this location adequate for future expansion of equipment or commodities?

7. the number of households and households in the business circle is up, down or flat.

8. the main resident population in this area is the elderly or the young.

9. is the community an old community or an emerging community?

10. do you want to operate the industry location, is not in line with local laws and regulations.