How do you asses the competition? Yellow pages? Free weeklies? Local radio?
How do you determine the economic health of a community? Must a certain number of businesses exist? Is there a rule of thumb as to how many might advertise?
How do you figure out your rates?
Are display ads a good way to start, especially if local businesses have been priced out of metro dailies? What's the next step up from display ads?
What other questions need to be asked?