Site Analysis-Market Area & Demographics
Three of the most important decisions you can make with regard to your business relate to Location, Location, and Location.
Foran Consulting has access to a wealth of information and incredibly powerful tools that enable us to produce extremely useful
reports for Site Analysis.
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These tools
enable us to produce high quality maps colored to show various drive time distances around YOUR location(s) and daily traffic
counts on area roads. We can also provide summary profiles and graphs regarding demographic characteristics within those market
areas as well as spending on the categories of products and services YOU sell.
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How
well do you know the market within a 10 minute drive around your business? At what rate is the population expected to grow
there? What are the education and income levels? What industries do people living in this area work in? Is it a
young area like around U.T, or an older area like around Sun City, Georgetown? How much money will be spent in this area
on deli sandwhiches, tennis shoes, transmission repairs, etc.? Where are your competitors on that map?