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Task 3: Business location Choice of ownership: sole trader Name of business: Poplar newsagent Area: Poplar To all businesses one of the most important things is where the business is located. The correct location is crucial in order for business to be successful. Bad location can cause a lot of problems and cut down the profit. Good business location attracts more customers and increase profit. The following are factors considered by Poplar Newsagent when choosing their location. As a business you have to be near your customers. Poplar Newsagent owner chose to locate its business in Poplar because it is near college flats and houses. This is where most customers come from. Only few minutes away from Poplar Newsagent is Tower Hamlet College. Students come to Poplar Newsagent at lunch time to buy things they need. They come to buy snacks, drinks, cigarettes and other things. Also teachers from Tower Hamlets College come to Poplar...

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