Locating the Business

Description

Mind Map on Locating the Business, created by Alessandra Genco on 05/12/2014.
Alessandra Genco
Mind Map by Alessandra Genco, updated more than 1 year ago
Alessandra Genco
Created by Alessandra Genco about 11 years ago
18
1

Resource summary

Locating the Business
  1. There are many factors which influence location decisions
    1. availability and cost of land and premises, capital and labour
      1. Availability of planning permission and government incentives, for example, grants and tax breaks
        1. Proximity to customers
          1. Location of competitors
            1. State of local economy and the reputation of the location
            2. Factors affecting costs and revenues
              1. Availability and cost of land/ premises
                1. Availability and cost of capital to purchase the land/premises and fund any relocation decisions
                  1. Access to materials and supplies
                    1. Government grants and tax breaks
                    2. Qualitative factors
                      1. Image
                        1. Tradition
                          1. Labour Relations
                            1. Owners' Preference
                              1. Quality of life
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