
So...pretty much everyone knows that when opening a business, location is the number one thing to consider.Location can make or break a business. Placing a fine dinning restaurant in the middle of a poverty stricken community probably isn't going be successful because the people who live near it cant afford to eat there and the people who can will not go there because of where it is located. That wasn't the best of examples but you get my gist.
I am a freshman college student and having stores near by is important to me because i would rather walk there than drive. I do have my car here but I'm a BROKE college student who doesn't want to spend the little bit of money i have on gas. On that note, I decided to analysis the location of a nearby store that I find myself entering at least once a week--Walgreen's. I attend UNCG and there is a Walgreen's on the corner of Spring Garden St. and Aycock St. There are many advantages and disadvantages of this Walgreen's.
Advantages include:
- Location close to the campus
- Variety
- Only one nearby competitor(CVS)
- It is a long walk from my dorm!
- The prices
- Traffic at the intersection
No comments:
Post a Comment