good location meaning

On the other hand, for an auto repair shop, the choicest locale is a well-traveled street where the shop will be seen by many drivers who can easily pull into the lot.Also consider whether it would benefit your business to be around similar businesses that are already drawing the type of customers that you want. Location definition is - a position or site occupied or available for occupancy or marked by some distinguishing feature : situation. The Good Place creator, Mike Schur, explained what the show is actually about at a final season panel with Ted Danson, Kristen Bell, D'Arcy Carden, Jameela Jamil, and more.

The same may hold true for houses that stand next to or back onto commercial property, such as a grocery store or gas station, or houses on streets that get an unusual amount of parking traffic and parked cars, such as those near large churches or community centers. Gentrification refers to the transformation of a city neighborhood from low to high value, often leading to the displacement of its previous occupants.

Definitions by the largest Idiom Dictionary. Define location. You can also judge the popularity of the neighborhood based on how long homes in that area tend to stay on the market; if turnover is quick, you're not the only one who thinks this is a desirable place to live. Location is essential when it comes to the value of a property. For information about running a business from your home, read Nolo's For more information on finding and evaluating space for your business, see Where you choose to live within a city or town will undoubtedly affect how much you pay for your home.

Finally, don't forget safety.

Location, location, location. The median cost of a single-family home in the Honolulu, Hawaii, area is $813,500. In the afterlife, time moves in a "Jeremy Bearimy," as explained by Michael in an episode of the same name. Most studies of geography begin with the mention of this theme of geography. Development. Make sure that any space you're looking at has enough power for your needs, both in terms of the number of outlets in your space and the capacity of the circuits. Goodwill is an intangible asset that arises when one company purchases another for a premium value. The quality of local schools and the distance from the house are both important factors to consider. You’re in a good place. If you'll be running machinery or other electricity-hungry equipment, find out from the landlord how much juice the circuits can handle and whether a generator is available during power outages. 3. a tract of land of designated situation or limits: a mining location. Location isn't entirely subjective—in fact, it's based on a fairly static set of criteria. In fact, location is almost irrelevant for some businesses: service businesses that do all their work at their customers' locations (such as roofers and plumbers) and businesses that have little contact with the public (such as mail-order companies, Internet-based businesses, and wholesalers). One needs repairs and updates, but has a huge lot. Location can be of two types: absolute location and relative location.

In the former case, the location of a place is …

This could lead to a lower sales price in the future. The importance of location Location is the place where a firm decides to site its operations.

But for other enterprises, location may be much … I believe a good place is relative to what stage of life you’re in and how you feel about your life. It's not just present amenities that matter, but future ones as well. n. 1. They compare the home and land to

Ask yourself questions such as:Keep in mind that different types of businesses attract customers in different ways. Once you have this figure, you can compare it to the costs of other spaces you're considering.If you haven't done so already, research the average rental costs in your area to make sure the amount you budgeted for rent makes sense, given the cost of commercial space in your area and how important location is for your business.

In real estate, a short sale is when a homeowner in financial distress sells his or her property for less than the amount due on the mortgage.

You also need to take into consideration where the house is actually located.

A property's close proximity to a fire station, hospital, school, or community center can lower its value because of traffic and noise. This discrepancy is largely a result of a home's location. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'location.' Also, if you'll keep sensitive computer equipment at your office, ask the landlord how many hours of air conditioning are included in the terms of your lease, and negotiate longer hours if necessary.Adequate parking is another common need for many businesses.

When there's a high demand for homes but an insufficient supply, home prices go up.Neighborhoods that have stood the test of time and have weathered economic downturns are more likely to have stable home values.

Schools are another important amenity—even if you don't have kids, if you want to sell your home in the future, many buyers will be on the lookout for good schools. Alternatively, a house with a wonderful view or near a body of water is likely to be more valuable, both now and when it comes time to sell it.