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Customers. Labour. Premises/land. Location of a Business. Road Links. Competition. Personal factors. Government incentives. Suppliers. Customers Close on the high Street Out of town shopping centre Deliveries to customers Road links and parking. Personal factors Close to family
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Customers Labour Premises/land Location of a Business Road Links Competition Personal factors Government incentives Suppliers
Customers • Close on the high Street • Out of town shopping centre • Deliveries to customers • Road links and parking • Personal factors • Close to family • Personal history • Personal attachment • Labour • Suitable labour • Skilled Labour • Numbers (high unemployment areas)
Transport Networks • Road links for deliveries • Road links for employees • Road links for customers • Rail links • Sea links • Air links
Suppliers • Close to suppliers for bulk/large deliveries • Importance of transport networks • Use of warehouses • Government incentives • Unemployment areas • Business Enterprise Zones • European Union Grants • Competition • Market saturation – can you survive? • Unique selling points (USP) • Goods that compliment your business
Land • Close to natural resources (i.e the sea for fishing) • Expense – high street or out of town • Enough space i.e. car park for a supermarket