Choosing where to locate a new storefront or office can be a challenge. Aside from looking through listing upon listing of real estate options, there are many other factors to consider. For instance, is there traffic in this neighborhood? Good parking options? How long is the commute from your residence? Are there restaurants nearby for lunchtime?
- Demographic analysis of the area (are your customers nearby?)
- Competitive analysis (is this a battleground?)
- Traffic patterns (do your customers drive or walk by?)
- Similar interests (are there other things nearby my customers would like?)