Unless you have these basic questions answered in your mind, you will not be able to make a solid decision about the appropriate location for generating revenue for the business. Obtain location demographics. You can visit your local library, chamber of commerce or city hall to gather information about the neighborhood demographics, such as population level, age and income. Neighborhood business can help your store or hurt it. You've got to understand what types of businesses generally cluster together and which are incompatible.
Auto dealers tend to cluster and generate traffic for one another.
A good restaurant in a small shopping center may generate more visitors for other stores. However, an upscale boutique may not fare well next to a super store or discounter. After you evaluate the above questions, you will move on to detail questions that help you move from selecting a desirable location and building to working out the details that make the decision a reasonable business arrangement. It is important that the building itself provides the conveniences you need including parking, lighting and delivery access. You want to have preliminary meetings with the landlord, you may be dealing with a large leasing company or an owner-leasor.