When setting up a business, aside from a good business plan, it is important to use the right location. As in the maxim for real estate, it is all about location. Without a good site, a business idea may be good but will have less chances of success. On the other hand when a business is located in a strategic place, the outcome can be entirely different.
Whether one is setting up a business office or shops in retail area or a commercial building, one has to check that the area is in a good location. Getting a prime location can be a wise investment. It has the advantages of enjoying visibility and good traffic. Recognizable location plays an important factor too. People tend to flock to areas that are well known and have good reputations.