Locating business

Question 1

Costs

Answer 1

• Land costs – South East (expensive)
  Town centre or out of town?
• Labour costs – Available skills? Wage costs?
• Transport costs – Close to suppliers or your
  customer base?

Question 2

Market

Answer 2

Small businesses will want to locate where people are likely to see their shop and that they are conveniently placed for their customers. they may also want to take into account where their competitors are located

Question 3

Qualitative factors

Answer 3

The subjective views and opinions of the business
owner about where to locate. These include the
location of good schools and health care and they
can be deemed more important than other factors.