Choosing a Business Location Checklist
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Choosing a business location requires consideration of a broad range of factors, from local zoning and tax laws to the accessibility of your business to customers and employees. The following checklist includes several questions you should answer before making your ultimate decision on where to open your business. Be careful to factor in your own special circumstances, which do not necessarily appear on this list.
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Yes/No Is the area zoned for this type of business? ____ Are qualified employees available in the area? ____ Is the site close to the markets served by the business? ____ Are any competitors in the area? ____ Are the inventory and supplies the business needs available in the area? ____ Can suppliers conveniently make deliveries to this area? ____ Is public transportation accessible? ____ Are the utilities needed to run the business available? ____ Are there facilities nearby for transporting goods? ____ Are the rates for transporting goods similar to or lower than in other areas? ____ Does the cost of this facility in this location compare favorably with other areas? ____ Do the taxes on this facility compare favorably with other areas? ____ Do the taxes on the business compare favorably to those in other areas? ____ Is the area suitable for expansion in the future? ____ Are there adequate parking facilities for customers? ____ Are there adequate parking facilities for employees? ____ Is the traffic in the area compatible with this type of business? ____ Are the wage scales in this area similar to or lower than other areas? ____ Is this a safe area for employees, suppliers, and clients? ____ |