1.4 Decisions on Location

Question 1

What should be taken into account for the location of a manufacturing business?

Answer 1

1. Proximity to Market
2. Grants
3. Infrastructure
4. How easy it is for raw materials to perish
5. availability of labour
6. access to power and water

Question 2

What should be taken into account for the location of a retail business?

Answer 2

1. Proximity to Competitors
2. Rent/Rates
3. Availability of Labour
4. Internet Needs
5. Personal Preference of Owners
6. Access to Delivery vehicles
7. Security
8. Parking Spaces
9. Legislations

Question 3

What should be taken into account for the location of a service sector business?

Answer 3

1. Climate
2. Rent/Rates
3. Legislations
4. Customers (Contact/Contactless)
5. Availability of Labour
6. Proximity to competitors
7. Personal Preference