Checklist of Finding the Ideal Business Location

Choosing a business location is always the first challenge for any aspiring entrepreneur. Here is a checklist that can definitely help you out with choosing a location for your business:

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? ____