[Cody]

I first of all consider the relevance of the business, if it solves a certain need and is sought after or not.

This is the essence of the business. You ask the questions whom , where and how as it relates to production before starting. That would make you know if the business would have a demand and how you would meet that demand.

[stan358]

Environmental factor is very important because it enables business to boost sales when it's at right location and someone can get Goodwill.

Environmental factors can affect your business positively or negatively if you do not put them into consideration. The site of the company is very important because if it is not properly sited, it could affect your business negatively..

[Miley K]

The number factor to be considered is the environment in which you want the business to be located then the type of business that you think can move well in that location.

[Pistis]

When you want to start a business, you must know how the market behaves and structure your business to suit the market.

[Abdulhamid001]

There is always risk in one way or the other in any business and you need to manage this risk as a business owner so it won't ruin or damage your business.

[TiMi]

There is always risk in one way or the other in any business and you need to manage this risk as a business owner so it won't ruin or damage your business.

No one, even Elon Musk would he able to take away risks from business. It is part and parcel of any business whether offline or online.

[stan358]

The basic things you can consider before you start any business is the demand for the products, if the demand is high, it is very possible that you are going to succeed in the business..

[pbsfor]

The importance factor beside funds is location. Location is very important in business. If your business is not located where there is demand for your services then, you won't excel in that business.

[Samurai2]

Consider the location of your business as it must have enough foot traffic.