Please answer the questions below.
The following assessment guides you through the process of selecting a location. You should start with a clean slate and progressively narrow your focus from country region to a state, to a city, and then to a specific site. Conduct a location analysis for your business, Dogtopia Pet Daycare and Boarding by responding to the following questions: 1. In selecting a region of the country for your Dogtopia Pet Daycare business, describe the demographic profile of your target market (Age, gender, income, social class, marital status, education, religion, profession, and geographic area). If you are targeting other businesses, describe the business in terms of size (number of employees and / or annual revenue), type of business, and geographic area. Note: Your response should be drawn from your Module 7 Market Analysis. 2. In selecting the state in which you will locate your Dogtopia Pet Daycare business, what other factors will affect your decision beyond demographics? (Examples: Proximity to markets, proximity to raw materials, labor supply, wage rates, business climate, tax rates, etc.) Support your choice. 3. In selecting the city in which you will locate, discuss how each of the following factors will affect your decision (Note: It will help to review pp. 590 - 596 of the textbook) (6 points) Population trends & population density Competition / clustering Costs Local laws and regulations Compatibility with community Quality of life 4. For your Dogtopia Pet Daycare type of business, how large do you anticipate your trading area will be -- from how far away in any direction would you expect to draw customers or travel to serve customers? Support your response. If you have a retail or service business, which of the following areas do you think would be most suitable for your business: Central business district, neighborhood location, shopping center / mall, shared space, inside retail stores, non-traditional locations, on the road, or home-based Support your choice. If you have a manufacturing business, would a forcign trade zone or business incubator be a feasible alternative for your business? Why or why not