Entrepreneur Plus - Short White
For Subscribers

Change of LocationWill a new neighborhood be a good market for your business?

ByPaul and Sarah Edwards

Opinions expressed by Entrepreneur contributors are their own.

Q:I've moved to a new town andwould like to start the same kind of business that I ran in myformer community. It's a sports-related business. How can Ifind out if people here are apt to be as good a market?

A:First, talk with people in theknow on the local sports scene. Get their thoughts about andreactions to what you want to do. Then conduct a survey with peoplewhom past experience has taught you would be likely customers foryour business.

4th of July Sale - Save 20%! Unlock this premium article & so much more with狗万官方+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Unlimited access, including premium content
  • No ads
  • Subscription to狗万官方magazine
  • Four free e-books a year
  • Subscriber-only events with our experts

Editor's Pick

We're Now Finding Out TheDamaging Results of The Mandated Return to Office— And It's Worse Than We Thought.
He 'Grew Up in Bars' and Was Drinking By Age 10 — But Entrepreneurs Changed His Life. Now a Business Owner Himself,He's Paying It Forward.
LinkedIn Changed Its Algorithms — Here's How YourPosts Will Get More Attention Now
'Focus Is Just as Important as Passion': How to Avoid狗万官方企业家精神缺失症in Franchising
Lock
Kevin O'Leary Recommends This6-Step Strategyfor Making Money on Social Media
Lock
ThisMindset Shift Changed My Life— And Gave Me the Courage to Leave My Well-Paid Full-Time Job.

Related Topics

Business News

'Pre-Boarding Scam': Customers Furious at Southwest Airlines After 20 Passengers Ask For Wheelchair Assistance to Board

A viral tweet is slamming the airline's wheelchair policy for boarding and disembarking.

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.

Business News

Costco Cracks Down on Membership Sharing: 'We Don't Feel It's Right'

The wholesaler is now asking for a photo ID with the membership card at checkout.

Business News

Daymond John Slams 'Shark Tank' Contestants With Restraining Order: 'It Is Unfortunate That It Has Come to This'

Bubba's Q boneless ribs first appeared on Season 5 of the hit ABC show.

Business News

After Being Told They Could Work From Home Forever, Employees Made Major Life Changes. Then, a New CEO Ordered Them Back to the Office.

Farmers Group CEO Raul Vargas is facing backlash for the change, but he says being in the office brings more "collaboration" and "innovation."

Career

The 12 Best Jobs for Retirees and Seniors

Whether you need to make a bit of extra money or are bored in retirement, discover the best jobs for retirees and seniors in this guide.