There are a lot of factors that come into play when you are deciding on where to open your business. Location is one of the most important factors when it comes to running a successful business. Location-based services have become more popular over the past few years and this trend is likely to continue in the future. When you decide on where to open your business, you should consider these four things: 1) The demographics and population of the area 2) The cost of living in that area 3) How much foot traffic there is in that area 4) What kind of amenities are available for your target audience