Winnipesaukee Forum - View Single Post - Great place to live or vacation but......

TiltonBB · 02-14-2009, 07:31 PM

The increase in residential development goes back to the subject and point at the beginning of this thread. It is a great place to live or vacation, but tough to operate a profitable business.

You don't see a lot of new commercial development in the Weirs Beach area. What commercial development you do see may have a negative effect on existing businesses. (Think Channel Citgo vs. Cumberland Farms) There is only so much to go around.

The residential development is still moving forward, though not much is selling. Maybe, many years from now, when the residential base is substantially larger, the need for more businesses will be there.

If you draw a 10 mile circle around any business, that is where 90% of your clients will come from. If you look at the population of the greater Laconia area and compare it to, say, suburban Boston, the number of potential clients within that 10 mile radius is quite different. Add to that fact, that the Weirs Beach area population for 9 months of the year is substantially lower than an area that is not so seasonal. And, during the winter months people are much less likely to leave their homes and spend money than people in warmer climates.

Someone wishing to operate a profitable business in the Weirs Beach area needs to draw on a very small base of potential year round customers or come up with a business plan that will be profitable with only 12 good weeks a year.

02-14-2009, 07:31 PM	#9
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 2,991 Thanks: 696 Thanked 2,196 Times in 931 Posts	Increase in Development The increase in residential development goes back to the subject and point at the beginning of this thread. It is a great place to live or vacation, but tough to operate a profitable business. You don't see a lot of new commercial development in the Weirs Beach area. What commercial development you do see may have a negative effect on existing businesses. (Think Channel Citgo vs. Cumberland Farms) There is only so much to go around. The residential development is still moving forward, though not much is selling. Maybe, many years from now, when the residential base is substantially larger, the need for more businesses will be there. If you draw a 10 mile circle around any business, that is where 90% of your clients will come from. If you look at the population of the greater Laconia area and compare it to, say, suburban Boston, the number of potential clients within that 10 mile radius is quite different. Add to that fact, that the Weirs Beach area population for 9 months of the year is substantially lower than an area that is not so seasonal. And, during the winter months people are much less likely to leave their homes and spend money than people in warmer climates. Someone wishing to operate a profitable business in the Weirs Beach area needs to draw on a very small base of potential year round customers or come up with a business plan that will be profitable with only 12 good weeks a year.