When it comes to describing a company's operations or presence in a particular location, there are several synonyms for the phrase "does business in." For instance, the term "operates in" implies that the company conducts its activities within a specific area. Similarly, the phrase "has a presence in" can also be used to describe a company's existence in a particular location. Other synonyms include "conducts operations in," "trades in," "does commerce in," and "operates out of." It's essential to use appropriate language when describing a company's operations to accurately convey its activities in a specific location.