business locations Flashcards
what is a business location?
where the business is located
what is the difference between business location and registered office
business location = where business takes place
registered office = where you’ve set your company
what is the difference between local, national and international businesses?
local = one branch
national = branches across the country
international = branches across other countries
where does an online business reach?
serves people across the world with only one head office
what are the key points of business placement?
transport accessibility, resources available, facilities/ space available - cost of it , position to customers, distant from competitors
what are the features of positioning a business in a town centre?
get lots of customers, right customers, costs a bit, close proximity to competitors
