1. Money

When we selected a location for our fishing tackle store, we found one less than a mile from the lake. We believed we had chosen the perfect spot. We didn't realize at the time that there were so many bad aspects with our choice. From no visibility, improper lighting, and the wrong kind of traffic to a restrictive lease, we were almost doomed from the beginning.

Experts have debated that the right location can make or break a business. However, I'm sure they'll all agree that there are many factors to consider when choosing a retail location. Before you sign a lease, understand the types of locations and find one that fits your business.

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