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Choosing Business Location
- Main factors effecting choice
- Communication
- transport facilities
- Transport links
- Broadband access
- transport facilities
- Labour
- Relevent skills
- Locate in low wages areas
- Relevent skills
- Population
- City centres??
- Sufficient
population of
your target
market
- City centres??
- Suppliers
- cheaper if closer to suppliers
- cheaper if closer to suppliers
- Government help
- encourage
start us in
poor
locations
- Enter text here
- encourage
start us in
poor
locations
- Communication
- 60% of new business
start form home
- Business from home
- Adv.
- Very low cost
- less traveling
- combined with domestic care
- reduce risk & lower break-even
- Very low cost
- Disadv.
- self discipline
- work interrupted
- hard to separate work & home
- lack of stimulation
- self discipline
- Adv.
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