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Population is another basis that can be used for selection. All businesses operate to make a profit and if the business is not located in an area that is well populated then it will not become profitable.
The population of the general area and also the population of the surrounding area must be carefully considered; as well as the Trade Area Demographic...
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There must be a distinct link between the trade area demographic and the retail target market. This important if the location of the actual building is in a sparsely populated area with little or no other business in the vicinity and no ease in commute then it is highly unlikely to generate huge sales...
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