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862263
Locating the Business
Description
Mind Map on Locating the Business, created by Alessandra Genco on 05/12/2014.
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cima
Mind Map by
Alessandra Genco
, updated more than 1 year ago
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Created by
Alessandra Genco
over 12 years ago
21
1
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Resource summary
Locating the Business
There are many factors which influence location decisions
availability and cost of land and premises, capital and labour
Availability of planning permission and government incentives, for example, grants and tax breaks
Proximity to customers
Location of competitors
State of local economy and the reputation of the location
Factors affecting costs and revenues
Availability and cost of land/ premises
Availability and cost of capital to purchase the land/premises and fund any relocation decisions
Access to materials and supplies
Government grants and tax breaks
Qualitative factors
Image
Tradition
Labour Relations
Owners' Preference
Quality of life
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