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Frequently Asked Questions
Why is a good location so crucial?
Retail businesses, especially restaurants, have a very high failure rate in their first years of operation. Two studies, (Parsa, Self, King and Njite (2005) and Muller, Chris and Woods, Robert H. (1991)), estimate the failure rate of restaurants at just under 30% for the first year, reaching all the way up to 70% by the third year of operation. While there are several factors affecting the performance of a restaurant, its location is one of the most important factors in determining whether it will be a success or not.
What technical expertise do I need to operate the platform and generate insights?
No expertise required!
We are working hard to search, acquire and distill all kinds of information as well as translating concepts such as visibility or accessibility into easy to understand figures. In short, we are doing as much heavy lifting as possible so that you don’t have to.
What if I have specific requirements?
We are here to help, so please feel free to contact us with your requirements and we will what we can to help you out!
What geographies does Dotlas cover?
Dotlas is currently available in 30 cities across the US. Nevertheless, more countries and cities will constantly be added. If you have a specific request, feel free to contact us and we will try our best to help you out.
Do you also facilitate the property purchase or rental process?
No, since Dotlas is purely just a location intelligence platform. However, once you have sourced a pipeline of potential locations, there is no better way to determine which one to invest in than through our services.
Where do you get your data from?
To provide users with the most complete and up-to-date information about the markets we cover, we compile data from a variety of sources:
- Publicly-available information, such as data from census or financial authority parcel data.
- Crawled web content (e.g. information from a business’ official website).
- Licensed data from third parties.