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Examine the importance of trading area analysis

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Reference no: EM131850868

Question: "Trading Area Analysis" Please respond to the following:

• Imagine that you would like to build a business of your own. Examine the importance of trading area analysis, and propose the manner in which you would use such analysis to build your business.

eActivity- Watch the video: Why Small Businesses Fail and How to Avoid It (by Professor Enterprise)

• From the e-Activity, examine one (1) failure and suggest what you would do differently, relative to the concepts inherent in selecting a "good trading area".

Support your response with two (2) examples of successful restaurants whose proprietors made the most of their trading areas.

Reference no: EM131850868

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