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One of the first things you'll need to do as a prospective new business owner is decide on a location for your business. What makes a location good will depend on the type of business you have. For some businesses that depend on foot traffic or high visibility and easy accessibility, location may be crucial to the business's success. For example, you wouldn't want to open a coffee shop or toy store in a remote or unsafe neighborhood. However, for some service businesses, like a plumber or an architect's office, it may not matter as much where you are located.
You will need to evaluate your business and how location will factor into its success. If location is important, then you'll have to decide what is the best location to maximize business potential. Of course, cost and zoning rules will need to be part of the formula as well.