Location Flashcards
1
Q
What is location ?
A
Location is an area which An business has decided to build or set up there.
2
Q
Can you explain the factors that influences small business location decisions?
A
Utilities, Product Appeal, Budget, Target Audience, Population, Size, Demand, Convenience, Access, Climate, Conditions, Suitability, Cheap, Wealth of area, Raw Materials, Completion, Parking Available, Cost of site, Availability of labour, Skills of local people, labour costs, Work, Price, Crime,
3
Q
Why is location important for a start up?
A
So the company can be in prime location and appeal to the most people they can
