You have new items in your feed. Click to view.
Question and answer
Briefly describe the five key factors in selecting a good location for a "brick-and-mortar" retail store. Which of these factors do you believe is most important? Why?
1. Distance from a similar store or a competitor. 2. Population density and average income of the area. Are you selling something that you expect people can afford and are willing to buy? 3. Parking, ease of entrance/exit to and from the store. [ People are a lot less likely to stop at a place that is hard to get to, doesn't have adequate parking, or they have to wait through multiple stop
lights just to get in and out of. 4. Laws governing the height, dimensions, and lighting of signage. 5. Taxes. Sales, property, income, and payroll for the particular area. 6. Surrounding businesses. Are they complementary (will people who shop there be likely to visit your store)? Other outlets where consumers can stop without driving somewhere else and having to go through the hassle of parking again. It makes shopping that much more convenient and any time you can save your customers time, you're ahead of the competition. 7. Number of people who will see the store. Is it near busy streets and highways where a lot of people will drive by? Is there foot traffic? 8. Cost of the real estate, construction, and insurance. Is there existing infrastructure? 9. Zoning laws. Are they compatible with what you want to do or do you have to secure a variance? 10. Do you have adequate storage and room to unload supplies? How far are you from your primary vendors and how much is shipping? ]
Expert answered|newbre|Points 40|
Asked 11/27/2012 9:41:15 PM
0 Answers/Comments
Get an answer
New answers

There are no new answers.


There are no comments.

Add an answer or comment
Log in or sign up first.
26,776,065 questions answered
Popular Conversations
Simplify -|-5 + 2| User: How many terms are in the expression shown ...
Weegy: -54 + 18 = -36 User: Simplify 3(x - 4) + 8(x + 2) User: What is the equation of the line that passes through ...
1/17/2017 1:07:03 PM| 5 Answers
3r = 10 + 5s, when r = 10?
Weegy: r(r+3) = 1 User: 5x + 2y = 20, when x = 0.3? User: What is the value of a in the equation 3a + b = 54, when b ...
1/17/2017 9:50:12 AM| 3 Answers
All men were given the right to vote in the Fifteenth Amendment, ...
Weegy: All men were given the right to vote in the Fifteenth Amendment, and women in the Nineteenth Amendment. ...
1/17/2017 9:22:18 AM| 2 Answers
If you visit the Senate chamber during a session on an average day, ...
Weegy: Teamwork is a joint action by two or more people or a group, [ in which each person contributes with different ...
1/17/2017 11:14:47 AM| 2 Answers
How many seats in the Senate are up for election every two ...
Weegy: There are 2 pints in a quart. User: Articles 1 and 2 of the Constitution provide senators with all of these ...
1/17/2017 2:31:03 PM| 2 Answers
Weegy Stuff
Points 300 [Total 300] Ratings 0 Comments 300 Invitations 0 Offline
Points 168 [Total 180] Ratings 0 Comments 168 Invitations 0 Offline
Points 159 [Total 590] Ratings 2 Comments 139 Invitations 0 Offline
Points 85 [Total 87] Ratings 5 Comments 35 Invitations 0 Offline
Points 58 [Total 4017] Ratings 0 Comments 58 Invitations 0 Offline
Points 53 [Total 948] Ratings 1 Comments 43 Invitations 0 Offline
Points 40 [Total 40] Ratings 4 Comments 0 Invitations 0 Offline
Points 24 [Total 96] Ratings 0 Comments 24 Invitations 0 Offline
Points 12 [Total 12] Ratings 0 Comments 12 Invitations 0 Offline
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.