How to choose the Best Location for your Business?

Be So Good

 

Business Wednesday no.4.

Decisions, ah decisions! If you are the lucky one who decided to open your own full-time business you have to think about what is the most important. Location.

You have few choices:

Your home,

Main street business,

Business outside of town, like industrial area,

Shopping centers,

Online business.

Today I am going to look closer at number one. Nowadays there are so many mothers who stay home with children and they are really creative ones. They make cloths for children, take a courses for beautician, write blogs etc. For them would it important to stay home with young children while doing business at the same time.

Home Business advantages:

  • Cheaper than renting a main street location,
  • Less investment in furnishing,
  • Save a lot of time and expenses for traveling every day to your main street location,
  • Less time away from your family and a lot of work can be done while watching TV with the kids at home (if you have divided attention).
  • More time spent with your children especially when they are young, and you always (almost)  know where your kids are.

Home Business disadvantages:

  • No walk-ins,
  • Limited space for your business,
  • Some clients are not going to feel the same level of respect than for a main street business,
  • Difficulty in finding location your business deters potential clients.
  • Usually little space for your sign, parking etc.
  • People will come or call you after regular business hours, intruding into your private family life (what happens to me: phone calls after 10 p.m. or at 7 a.m.and not to mentioned about  text messages after midnight – and I do not even have home business 😉 ).
  • Your kids and family will intrude into the business at times. Here make sure when you are meeting your customers to do not allowed your youngest family members to run around the table, you should give your all attention to your clients. You do not want to be sitting there with your kid on your lap. Make it look the professional you can.

Where is your business located at?

Cause maybe not on this list at all?

What are other places worth to recommend?

Share here your opinions 😉

Next week pros and cons of main street location.

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