What are the risks involved in setting up a new business in your neighborhood?
- Elaine MLv 72 months agoFavorite Answer
1. It's zoned residential, so local ordinances ban business signs and any parking that interferes with the neighbors.
2. Specific businesses need permits and inspections (like day cares, massage therapy or hair stylists).
3. Neighbor complaints.
4. Excess garbage from a business.
5. Becoming a focus for theft and break ins.
6. People going onto the neighbors property.
- DevorealLv 62 months ago
The Home Owners Association is the biggest risk to anyone wanting to even BREATHE in this neighborhood. Start a business??? They'll put you in jail!
- SuccessLv 62 months ago
Catherine, Please visit the Excellence-Success site to learn more about neighborhood businesses.
The risks are the same as every other business...mainly being undercapitalized and unable to advertise your services to potential customers.