Choosing the Geographic Location

An important factor in selecting a location is that you keep a long-term perspective. Site selection and acquisition can be a big investment. Choosing the right site now can avoid the costs of relocation in the future.

Here are some factors that you should consider in making your site decision:

• Access to public transportation
• Availability of inventory and supplies
• Availability of utilities
• Availability of workforce
• Availability of physical plants
• Community services and amenities
• Cost of physical plant
• Location of competitors
• Parking facilities
• Proximity to markets
• Suitability of location for future expansion
• Taxes
• Traffic flow
• Transportation facilities
• Transportation rates
• Wage scales in the locality

For additional information, see common needs of small businesses.