Sunday, October 5, 2014

Business Location Mistake

Earlier this week as I was driving through a lower income, rural area of Alabama when I noticed a business that did not quite belong. It was an independent electronics store. I understand that the real estate in this area is probably cheaper, but there are not many people in the area that can afford their products. If I was the owner of this business of this business I would find a new location in a city with a middle-class income so that the real estate would be affordable still, but there would be a better opportunity for profit. The new location would also be more intriguing to high-class people who could afford more of the retail. This business definitely made a mistake with their location.

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