📺 Stream EntrepreneurTV for Free 📺

Local Motion It pays to take a closer look at the businesses down the street from yours.

entrepreneur daily

There are many ways you can benefit from nearby businesses. Forinstance, consider the customer traffic they generate. Perhapsthose companies and their employees could become your customers, ormaybe it would be convenient and efficient for you to be theircustomer.

Also, look at how they will enrich the quality of your companyas a workplace. Does the vicinity have an adequate selection ofrestaurants so your employees have places to go for lunch? Is therea nearby day-care center for employees with children? Are thereother shops and services you and your employees might wantconveniently located?

Excerpted from Start Your Own Business: The Only Start-Up GuideYou'll Ever Need

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Employee Experience & Recruiting

Feed Your Company Spirit with This $200 Restaurant.com eGift Card That's Only $35

Use it at thousands of restaurants around the U.S.

Living

Show Mom You Love Her with Two Dozen Roses for $25

Rose Farmers is offering a limited-time deal on delivered roses for Mother's Day.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.

Data & Recovery

Get 500GB of Lifetime Cloud Storage for a One-Time $120 Payment

Boost your bottom line by getting an enormous amount of cloud storage for life without recurring fees.

Green Entrepreneur®

A Deer Invasion in Hawaii Has Turned Into an Environmental Crisis—And a Sustainable Business Opportunity

How Maui Nui Venison built a for-profit harvesting business that protects the land and helps the local community.