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Unlocking Business Success: The Power of "Location, Location, Location"

The phrase "location, location, location" emphasizes the critical role of geography in business success. By understanding urban geography, we can strategically select locations that maximize customer access and market potential. Applying this to an entrepreneurial initiative, I will utilize a $2 million fund to support small business start-ups in Orlando. This business plan will highlight effective location selection based on demographics, foot traffic, and community needs to ensure the sustainability and growth of these ventures, ultimately benefiting both entrepreneurs and the local economy.

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Unlocking Business Success: The Power of "Location, Location, Location"

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  1. BW- april 7 • What is meant by the age-old phrase “location, location, location”? How would you apply this concept to a business?

  2. Objective • We will apply the concepts of urban geography to create an effective business proposal for a service or good in Orlando

  3. Scenario I recently had a rich uncle that I didn’t even know about pass away and leave part of his fortune to me to devote to altruistic causes. I have decided to use the 2 million to fund small business start-ups in orlando. Task: Use your worksheet, your notes, and your text to create an effective and convincing business plan that demonstrates mastery of the key concepts from services and urban geography. Do me proud...

  4. Instructions: • In order to complete your worksheet, refer to the chapter and key issue identified on your sheet. • You will complete your business plan by the end of tomorrows class period. • The top 3 most persuasive and effective business plans will receive extra credit.

  5. Exit Ticket- april 7: • On your scrap paper, respond to the following question: • How will your your understanding of urban geography enable you to select a successful location for a business?

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