Location Analyzer is a tool that helps individuals to understand the demographics of a specific geographical region.
In order to better explain the problem we aim to solve, we have compiled resources that emphasize the importance of location selection and demographic analysis. You can find the collection of resources below.
General
This post evaluates the location selection process and common problems by introducing a story of a coffee store.
An article about the importance of the location of your business. The headlines sum up the key points on how to find the best location.
A concise article that justifies the use of demographic data. It evaluates demographics in 5 different topics and helps you to identify the importance of using different demographic data.
A school project that aims to find an efficient location for retail stores. In this case, McDonald's stores are used and the population values are estimated. Nonetheless, it gives an idea on processes of performing location analysis.
A set of recommendations for the ones who plan to open a franchise store.
A succinct guide on how to use big data notion to understand your customers' needs and to have an understanding of the competition level.
Reddit is a social news website and forum where content is socially curated and promoted by site members through voting. You can find valuable lessons and information from the others' past experiences. This link leads to tips on starting a coffee shop business, but you can find many other information under /smallbusiness subreddit!
Medical
An in-depth guide for finding the right location for your next dental clinic. It involves useful tips related to the common pitfalls and traps. Definitely a worth to look at.
This blog post identifies competition as key component of location selection process and it explains the importance of demographics data.
Food & Beverages
This guide contains roughly everything that you need to know to open your dream restaurant. From financial information to legal permits, you can find many useful resource in this guide.
A thorough guide on how to select the right location for your restaurant. The principles in this guide can help you get a better understanding of what it takes to make up a good restaurant location.
A free tool for analyzing a candidate location for your new restaurant. Start by typing a neighborhood to analyze a vicinity and click "View Full Analysis" !
This article also emphasizes on finding the best location for your restaurant.Additionally, it contains valuable information on how to understand your customer profile and how to do customer segmentation.
This article is about the importance of demographics data for restaurant owners. Moreover, it gives insights about how to efficiently use it!
A guide for how to perform a competitive analysis for your restaurant. The methods discussed in this guide can be beneficial with a demographic analysis.
A short article on how to gather information on population base of an area.
A school project that evaluates two alternative locations for the second store of a restaurant. The idea behind the comparison of demographic characteristics could be nice to have in mind.
Sports & Fitness
This article aims to help people who considers opening a yoga retail business. The tips in this article will help you during your journey of finding the perfect location for your new business.
How to Collect Demographic Information for Your Business?
How do you get demographic information? These days, it's actually quite simple. First, if you are working with a broker, ask them to run a “radius study” of the location that breaks out demographic information for the 1-, 3- and 5-mile circles around the spot. All reputable brokers have access to this.
The report will give you information on population size, male/female ratio, household income, age, traffic, competitive businesses, neighboring businesses, working vs. residential headcount and much more.
If you are going it alone, check out these online resources: