You have to consider the location when launching a business. You will be “planning your business tree” there and will have to maintain it for years to come. You have to keep in mind a few things when deciding on a place t open your business.
First of all, you have to take the local economy into consideration. Is your local area growing and building? Are the market trends good? Even if you have to locate your business farther from your home, try to find a place that is building up and bringing people in. The worst thing you can do is to pick a place that is in the “bad area of town” because it is less expensive. Your address can be the first thing people will ask for, and it can say a lot about your business.
The second thing you have to bear in mind is the job market. Since unemployment is low in most area in the Unites States, consider what type of employees you will need and find out if there are many in your area. The amount of money that you will have t o spend I the recruiting phase could be an indicator that you should or should not locate the business in an area with a different employee pool.
Another factor people have to consider is whether you can integrate with the local community and get to love it. To make the community warm to you, you should become involved in it by joining the local Chamber of Commerce, Business Association, City Council Committees, or other local organization that could offer you help. Why plan on retiring “one day” to some great location? Why not move there now and start your dream business?
1. What is the speaker mainly talking about?
2. What must you find if you are going to locate a business at a distance from your home?
3. According to the speaker, what is the worst thing you can do?
4. What will the recruiting money tell you?
5. What can you do the get on well with the locate people?
Kes: 1D 2.C3. C 4.A 5.C