business location (unfinished)

Question 1

the decision on location is important as it can affect…. [3]

Answer 1

-the amount of customers you get
-your brand image
-your costs

Question 2

what are 2 factors influencing start-up location?[2]

Answer 2

transport links
location costs
availability of raw materials
availability & cost of labour
available technology

Question 3

what are 2 factors determining where a business decides to locate? [2]

Answer 3

safety
transport links
availability of workers
availability of land
distance between customers

Question 4

where would a service company be located? [2]

Answer 4

sometimes near customers
anywhere

Question 5

where would a retail company be located? [2]

Answer 5

-near customers - busy areas & other retail outlets
-anywhere if online

Question 6

where would a manufacturing company be located? [2]

Answer 6

-places with cheaper rent rather than near to customers - decided by costs
-availability of transport links

Question 7

what does the term footful mean? [1]

Answer 7

where a lot of customers are around

Question 8

where would you choose to locate a new

Question 8

why might getting the best location for your business be more difficult for a start-up business rather than an established one? [2]

Answer 8

expensive rent
business may be unknown