Comments on: The renter’s dilemma - low price/poor location or high price/great location? http://studentdc.com/studentdc-blog/blog/2007/11/02/the-renters-dilemma-low-pricepoor-location-or-high-pricegreat-location/ Questions and answers to help you prepare for practice startup Mon, 08 Sep 2008 07:05:52 +0000 http://wordpress.org/?v=wordpress-mu-1.2.5 By: Jean Murray http://studentdc.com/studentdc-blog/blog/2007/11/02/the-renters-dilemma-low-pricepoor-location-or-high-pricegreat-location/#comment-3 Jean Murray Mon, 05 Nov 2007 23:57:51 +0000 http://studentdc.com/studentdc-blog/blog/2007/11/02/the-renters-dilemma-low-pricepoor-location-or-high-pricegreat-location/#comment-3 I like your thoughts about the long-term perspective. If you can hang on with the higher rent for a while, you will be in place to capitalize on this excellent location over the years, and to save on advertising if you can use the location to develop a patient base faster. I like your thoughts about the long-term perspective. If you can hang on with the higher rent for a while, you will be in place to capitalize on this excellent location over the years, and to save on advertising if you can use the location to develop a patient base faster.

]]> By: Kevin http://studentdc.com/studentdc-blog/blog/2007/11/02/the-renters-dilemma-low-pricepoor-location-or-high-pricegreat-location/#comment-2 Kevin Sat, 03 Nov 2007 16:04:33 +0000 http://studentdc.com/studentdc-blog/blog/2007/11/02/the-renters-dilemma-low-pricepoor-location-or-high-pricegreat-location/#comment-2 I am a student at NYCC. This is a big dilemma for sure. I feel that I would try everything that i can to get enough financial resources to afford the 2nd (better, and more expensive) location. It's important to look at it from a long term perspective. Business people always say "location location location" when it comes to the value of their business, and they must be saying this for a reason! Another good reason for them to get the 2nd place is that since there will be 2 of them working together, the extra space is needed. When considering an office, we should keep the future expansion in mind. That's what I think about this situation... Thanks Kevin I am a student at NYCC. This is a big dilemma for sure. I feel that I would try everything that i can to get enough financial resources to afford the 2nd (better, and more expensive) location. It’s important to look at it from a long term perspective. Business people always say “location location location” when it comes to the value of their business, and they must be saying this for a reason!

Another good reason for them to get the 2nd place is that since there will be 2 of them working together, the extra space is needed. When considering an office, we should keep the future expansion in mind.

That’s what I think about this situation…
Thanks

Kevin

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