Location, location, location

My dad was a corporate real estate man. He mostly worked for the big chains like McDonald’s, Burger King, Midas, Dunkin’ Donuts. His job was to find the best locations for new businesses. He drove around the country, scoping out cities and towns, assessing traffic patterns and deciding what spot would give a new business the best chance for success.

Many owners of small businesses, if they’re buying the spot on which they will set up shop, rely on their broker for that kind of information. Renters often go with their gut. So what are they looking for in a location?

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