Factors in deciding location

            In this weeks information the focus was on location of a business. I didn't realize how many factors go into really opening a business.There was even included a math model that helped factor things such as traffic and proximity to highways. These are things I had no clue about but once studying about it, it made perfectly good sense. So I learned that a business doesn't just open. Especially a huge business like a Walmart.  They must look at these business plans. They take into consideration local economy, electricity prices, tax breaks, wages, workforce readiness, and technology. This explains to me why a local Walmart has been placed where it is in our community. In what I first thought was s stupid location. But after studying all the information its a genius location. They built on land that was for sale and vacant for many years. Its right off of an interstate and a mix of homes and restaurants are located in the area. There was enough room for them to add their gas station, and their gas prices are always the lowest in town. They then leased locations around them and made it an outlet mall. Business boomed because everyone knows people are going to shop at Walmart. So shortly after a movie theater went up, a hair cutting salon, and other restaurants. This place is now booming! And its all because they first had a business plan. They saw the big picture, unlike me.