Monday, 12 January 2015

Locating the Business

Location, Location, Location... where a business decides to operate?

Why is location so important to a business?:

    • Customers:- are we convenient for our customers?
    • Staff:- are there sufficient numbers of correctly skilled staff located nearby? Are they prepared to work for the correct wage?
    • Support services:- is there any local training, advice or funding available?
    • Cost:- what is the price of the premises? Can we afford prime locations?
    • Infrastructure:- what is the surrounding area like? Are there local facilities? Close to local amenities?

Businesses need to choose a location that reflects the image they wish to portray.

Factors that affect our choice of location:



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