Where Start-ups Are, Matters More Than What They Pay:
Location! Location! Location! This is the key to success in most start up businesses. This concept is not only for retail or restaurants, but applies to all businesses. As long as a business is trying to attract people then they need to focus on where their target audience lives or works and not at the cheapest price. No matter where you set up it will still be a cost of doing business. Other factors such as access to raw materials, proximity to logistics centers, finding qualified work force, and determining if there is extra labor for growth also play a big role in determining business location.