Business Location

Question 1

Factors That influence Business Location

Answer 1

• Close to Raw Materials
• Close to Competitors
• Close to employment
• Close to infrastructure

Question 2

Impacts of Business being close to those factors

Answer 2

• It Can Increase Sales for the business
• it can make a good business Image
• It can lower transport costs

Question 3

Explain why if a business is close to competition it will help it

Answer 3

• If a business is in a high street that is very crowded there will be lots of footfall (Meaning there is lots of people walking there) So they gain high sales

Question 4

Explain why if a business is close to Raw Materials it will help it

Answer 4

• If a business is close to Raw Materials it would help it because the business would need to pay less cash to the supplier