What does it take to make a business successful in a downtown vs. a suburban locale?
As an example: there are tons of businesses along the 16th Street Mall in Denver which have either gone out of business or which are in the process of doing so.
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- Research is the key. You need to provide a service that is needed/wanted in the area and that has easy access. I don't know about the Denver example you gave, but location is key to a business too. Some areas are the kiss of death, others are a boom. This is where the research comes in very handy.
- You need to offer something no one else offers. If you have a pizza place and there are 3 other pizza places, have the best service and the best specials. Also, Advertise and network.
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