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Not all businesses are failing...and it is not always about price. If you have something that is of value to people, extensively researched the local area that would benefit from that need where you plan to open the business, marketed your value well, positioned yourself so that you are available at convenient times and offered outstanding customer service, there is a very high chance your little business will thrive. <br> If any of the above changes then close the business quick or figure out how to change to keep your customer base. Otherwise your business will most likely become unprofitable. The strip malls are empty because they either could not attract suitable vendors that met the needs of the neighborhood or the neighborhood changed. The same is true for rural stores or big city malls.<br> <br> I also could mention two other factors regarding small business success...the owners lack of management knowledge and greed but they have less to do with strip mall store success.<br> <br> You are not guaranteed success when you open a business...you have to earn it. Success comes with planning, preparation, luck and a great deal of work. <br> <br> Just wait... something else will replace those strip malls. It's all about meeting the needs of the neighborhoods in many cases.
By Stan
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