Location, location, location. It's a mantra of real estate agents, but it applies to many other types of businesses. Photographers in very rural areas, for example, can have more difficulties in building a client base than urban/suburban photographers. However, David Hakamaki of Cutting Edge Photography has found a way to turn those rural, small-town challenges into opportunities.

David turned his studio in Iron Mountain, Michigan--with a population of only 7,500 and the closest city 70 miles away--into a hot spot for a variety of clients. It took trial and error and a business mind, but his studio has exploded in growth and profits over the last 10 years.

Read the full article here.