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There's knowing the market beforehand, before investing a big chunk of debt.
-Is the area growing or declining? (i.e. high end jewelry in an emerging ghetto)
-Will there be a continuing need for your product or services? (i.e. harp repair in compton)
-Can local business laws easily affect the business? (i.e. porn shop in vegas/chitown)
-Can the product be sold interstate if local sales fall? (i.e. homemade ice cream)
-Can the business be easily duplicated by other companies? (i.e. coffee house)
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