LOCATION LOCATION LOCATION BUSINESS PROJECT

STYLE OF OPERATION CHOOSING A LOCATION A IMPORTANT BECAUSE MANY FACTORS GO INTO IT IS YOUR OPEREATION GOING TO BE FORMAL? IS IT GOING TO BE KICKED BACKED? WHAT SIZE LOT ARE YOU LOOKING FOR?

DEMOGRAHPICS What are demographics? –a particular sector of a population YOU CANNOT TARGET EVERYONE –For example: If you are an upscale bakery, you do not try to target low income consumers Does the area you are looking into match the demographic that you want? This is where you researching skills are put to the test

FOOT TRAFFIC Is the area that you are choosing accessible by major highways/streets? Is it tucked away in a corner that no one can see? Is there a lot of parking? Is it in a bad neighborhood?

COMPETITION Are competing companies located nearby? Competition can be good/bad Why is this important? Options are always key

COST Remember you are a startup company and your angel investor does not have a lot of MOOLAH