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❓ASK Should you open you business in an area with or without competition?

AudraMiller

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when you are opening a business the first thing that you generally look for is a good location. however, when you choose a location you have to think about eh customer base in that area and the other businesses that are there as well. Do you think that it is necessary to have competition in an area? On the one hand no competition is good because it ensures that customers have to purchase those products from you if they need them, but competition is better for continuous improvement and striving to be better? Which do you think is better for a business?
 
When planning on opening a business ,i would prefer it on area with less competition ,so that i can use the opportunity to first increase the popularity of my product
 
When planning on opening a business ,i would prefer it on area with less competition ,so that i can use the opportunity to first increase the popularity of my product
That seems to be true you can open a business in area without much competetion because such brand of product which you are selling may not be common so people will patronize you the most compare to when someone has already open the same business you are operating buyers must be less as some people will prefer other shop to yours
 
less competition rather than no competition can work better as well , and no competition means once you are in such a locality people have one choice or they can have theri things coming from their offices , and so you have to face that as well , so less competition is better
 
Obviously for any business , the lesser competition area is better , because your business will be the first priority of the people and can therefore make your business successful.
 
It would be really great to start a business in an area where there is no competition yet there is high market. Though that is not common and so one had better learn to deal with competition. This is by providing high quality products and services to your customers.
 
It all depends on that ability of that Individual to think outside the box. The person needs look for ways to attract customers not minding the competition. They can decide to reduce the price or add a gift when a customer buys a product and it also depends on your products, if it is the best they you have no worries as people would always go for the best but the way you treat your customers is key.

Focus on your few customers, make them feel happy and they will be your marketers
 
I can not start a business where competitors are much, I will rather find another location where there is no competition to start my business so that I will able to get much customers.
 
Having healthy competition is good for the growth of the business it pushes away laziness and nonchalant attitude which might not matter if the business is run without any form of competition. I like competition a lot because it brings out the best even when we don't know that we have such strength lying inside of us.
 
Creating a bussiness with competition or without competion, both has advantages and disadvantages. But personally I think that you should start bussiness where there is no competition. Suppose you live in a place where there is no paper mill bussiness, so you created a paper mill. As there is no company making paper without you, all the people will buy yours as of it is good or not. That's why I think you should start a bussiness without competition
 
Who wants challenge in a business ? . If I see an area without competition where the business will survive , I will surely go for it and it is far better.
 
At times competition can make a business lose its focus because it's not easy to compete. If I discover as a business owner that I have a competitor, I would quickly change my location.
 
At times competition can make a business lose its focus because it's not easy to compete. If I discover as a business owner that I have a competitor, I would quickly change my location.
Well , it is your choice but you need to understand that running away from competition won't make your business succeed but working towards making it enticing to customers
 
For me, I would like to start my business in a moderate competitive area as that would make me sit up and find innovation to conquer the market.
Yeah, that is a great idea. Being in a less competitive location gives you a chance to make strategies that will make your business strive. Being innovative and creative is very necessary in business.
 
With no competition as much as possible because that means you can have all the profits you can get. But kinda off feeling.. why? Why no competition does that mean that business is not good in the area?
 
Yeah, that is a great idea. Being in a less competitive location gives you a chance to make strategies that will make your business strive. Being innovative and creative is very necessary in business.
Ànd I also believe that when there is competition, there is innovative mess which benefits the consumers since they will have many options to choose from.
 
An offline business will never be without a competitor in the area unless your business is unique. Even a funeral business for the dead is now getting common that almost every town has one. For a new business you just have to go with the tide of the existing competitors.
 
I would also like to work in an area where there's no competition but these days, everyone wants to do business.
I also noticed that when a business is doing good on it's own and another company see's this, it moves it's business closer to the area where the other company is doing good. Then things start to change after that.

I think there will always be competition unless your are remotely situated.

Suggestion: Respect to yourself, work hard and don't ask the customers unrighteous profits! You will survive!
 

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