Of course those are the most important thing that should be considered before venturing or choosing any particular business to go into, however sometimes we called it doing a visibility study to ask around within the environment or residents to know the population of people there and the kind of things they normally go for on the daily basis and from there the person will understand or figure out the kind of business that would actually be suitable on those kind of place.
Because the reasons why so many persons have venture into a business or investment without succeeding is mostly because they failed to really understand the kind of things people normally like within the residents, so actually no matter how demanding for a particular products will be but if being established in a place were people on that residents are not attracted to it will be very difficult for the business to grow.
Even though we have explored or surveyed a place or understand the conditions of the place where we want to open the business, we cannot force people to like the business we are creating, but the density of an area or population is a very important point if we want to set up a business. If we want to attract customers, we have to look different or innovate the products we make. To attract sales turnover from our products, and be able to compete with others, we must be brave. Providing discounts on our products at certain times, be it weekends, many of them are enjoying work holidays with their families.