When starting your own business ?

Question

how can you make sure that you are not in a depreciating demographic?

Answer 1

That's why it is crucial to first do your research before starting a business.

Go to sites such as the Bureau of Census to get the population count of the area, check industry publications to understand the trends of the industries. The last thing you'd want is to be in a shrinking industry or be located in an area where people are leaving for somewhere else.