Translating Theories Into Practice!
As StartCan Business Consultants, we believe that ninety percent of success comes from properly executing the fundamentals. There is a far greater chance that a business will fail because fundamentals aren't handled properly than because the basic business concept is faulty. Details about location, facilities, lease, improvements, operations and management are of paramount importance. These seem like the kind of details that take care of themselves. But examining your basic operation is particularly important for internal planning. Let’s take location as one of those important details and discuss it further.
Business Strategies Consultant, Nancy Glaser, once said:
People have no idea you're there if they can't see you. Get a good location; it's money well spent. As a start-up, it's hard to advertise; so, instead of a big advertising budget, spend the money on a better location. Find a good real estate broker with retail experience. Have them identify successful businesses serving your target customer and then locate near them. Capture their customers.
In real estate the old saying is that the three most important factors are location, location, location. In business, as well, location can prove the critical factor for success. For example, with retails operations, a bad location can mean you just don’t attract enough customers to your store. Likewise, in manufacturing and distribution companies, a location lacking adequate access to transportation or supplies may prevent you from manufacturing or distributing your product in a timely or cost-effective manner. That’s when StartCan Business Consulting can help. We can guide you choose the right location according to the factors that:
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Are essential to the nature and success of your business;
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Provide you with a distinct competitive edge; and
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Overcome a frequent problem in businesses of your type.
Conducting industry and market assessments, geographical and demographical analyses and considering the financial implications, we can consult you to wisely select, lease and improve your location.
Our service in Business launch and Implementation is not limited to location. We can provide advisory on operations, hiring and management to set you up for success.
