A practical guide to site selection
Blog post from Felt
Site selection is a critical process in project development across various industries, involving the strategic use of data to identify optimal locations that meet specific project requirements. It requires evaluating factors such as demographics, infrastructure, workforce availability, and regulatory compliance to ensure a location aligns with business goals and supports future growth. The site selection process encompasses defining project requirements, engaging stakeholders, researching and shortlisting locations, evaluating options, and planning for future developments. Utilizing modern tools and platforms, such as Felt, can streamline this process by providing insights and facilitating collaboration, ultimately helping businesses make informed decisions that enhance their project's success and profitability.