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http://www.channel4.com/programmes/location-location-location/4od. The LOCATION of a Business. , 2013 Year 10 GCSE Business Studies. Starter Activity. http://www.youtube.com/watch?v=tl6rfDVQoYk. Opened in 1990. Location, Location, Location!. LEARNING OBJECTIVES
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http://www.channel4.com/programmes/location-location-location/4odhttp://www.channel4.com/programmes/location-location-location/4od
The LOCATION of a Business , 2013 Year 10 GCSE Business Studies
Starter Activity • http://www.youtube.com/watch?v=tl6rfDVQoYk Opened in 1990
Location, Location, Location! LEARNING OBJECTIVES £ Describe the factors that affect the decision of where to locate a business ££ Analyse why a business is located in a particular location £££ Recommend the most suitable location for a business
Location, Location, Location! Where to LOCATE my business??? Burr’s Bakery Ltd • Great Idea! • Lots of potential customers in Chelmsford • Deliver good value for money
Location, Location, Location! • Could be the MOST important decision I make…why? • It is a very expensive decision to reverse: Costs Sales Image
Factors affecting the Location • What factors will affect the decision of where to locate my bakery business in Chelmsford?
Location, Location, Location! • The factors that affect the decision of where to locate a business are: • 1 Type of business • 2 Availability of locations • 3 Competitors • 4 Availability of raw materials • 5 Availability and cost of labour • 6 Transport links • 7 Costs • 8 Government Incentives
Location, Location, Location! Where to LOCATE my business??? Burr’s Bakery Ltd • Great Idea! • Lots of potential customers in Chelmsford • Deliver good value for money
Options • The Meadows Shopping Centre • High Chelmer Shopping Centre • High Street • Chelmer Village Park • Moulsham Street
Location, Location, Location! LEARNING OBJECTIVES £ Describe the factors that affect the decision of where to locate a business ££ Analyse why a business is located in a particular location £££ Recommend the most suitable location for a business
Plenary Spot the MISTAKES