Discuss the below in detail:
"Trading Area Analysis"
• Imagine that you would like to build a business of your own. Examine the importance of trading area analysis, and propose the manner in which you would use such analysis to build your business.
eActivity-
Watch the video go to: Why Small Businesses Fail and How to Avoid It
• From the e-Activity, examine one (1) failure and suggest what you would do differently, relative to the concepts inherent in selecting a "good trading area".
Support your response with two (2) examples of successful restaurants whose proprietors made the most of their trading areas.