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Choosing Business Location

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Business unit1 Mind Map on Choosing Business Location, created by webbc024 on 17/05/2013.
webbc024
Mind Map by webbc024, updated more than 1 year ago
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Created by webbc024 over 12 years ago
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Resource summary

Choosing Business Location
  1. Main factors effecting choice
    1. Communication
      1. transport facilities
        1. Transport links
          1. Broadband access
          2. Labour
            1. Relevent skills
              1. Locate in low wages areas
              2. Population
                1. City centres??
                  1. Sufficient population of your target market
                  2. Suppliers
                    1. cheaper if closer to suppliers
                    2. Government help
                      1. encourage start us in poor locations
                        1. Enter text here
                      2. 60% of new business start form home
                        1. Business from home
                          1. Adv.
                            1. Very low cost
                              1. less traveling
                                1. combined with domestic care
                                  1. reduce risk & lower break-even
                                  2. Disadv.
                                    1. self discipline
                                      1. work interrupted
                                        1. hard to separate work & home
                                          1. lack of stimulation
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