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Business location  

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GCSE YEAR 10 - LOCATION ASSESMENT The success or failure of a business frequently depends on its location. The right location will increase the chance of a business succeeding. The wrong location could increase the chances of a business failing. The main factors that influence the location of a business are LABOUR, LAND, RAW MATERIALS AND THE MARKET, INFRASTUCTURE, SERVICES and some OTHER INFLUENCES. LABOUR A business needing a highly skilled workforce need to be in an area which is in relation with industry, or one with a local training facilities which would provide the skills needed. A business looking for mainly unskilled, cheap labour looks for an area with a plentiful supply. LAND The amount and cost of land clearly depends on the business's choice of location, but so do things such as the nature of land. Businesses like oil refilling and superstores need large, flat sites, which can bear heavy loads and...

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