Yes location is very very important, specially for those who has or want to open a store front. Here are some tips to help you decide which location will work well for your business.
Finding a storefront for your bakery means balancing the location, size and cost. A location in a busy area gets your business more exposure, but you will likely pay more to lease a storefront in a busy area. The lease agreements vary in length, renewal requirements and options, deposit, costs included and who is responsible for various maintenance tasks like clearing snow from the parking lot and mowing, if there is any grass around the building. Read all of the details to ensure you understand your obligation. If the inside of the building isn't already set up as a bakery, you may need to invest money in reconfiguring and adding all of the necessary equipment to get the space up to code.
Most businesses choose a location that provides exposure to customers. Additionally, there are less obvious factors and needs to consider, for example:
-Brand Image – Is the location consistent with the image you want to maintain?
-Competition – Are the businesses around you complementary or competing?
-Local Labor Market – Does the area have potential employees? What will their commute be like?
-Plan for Future Growth – If you anticipate further growth, look for a building that has extra space should you need it.
-Proximity to Suppliers – They need to be able to find you easily as well.
-Safety – Consider the crime rate. Will employees feel safe alone in the building or walking to their vehicles?
-Zoning Regulations – These determine whether you can conduct your type of business in certain properties or locations. You can find out how property is zoned by contacting your local planning agency.
I'm sure all these tips will help you choose the right location for your business. If so please share it with your friends and everybody is welcome to join the group:
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