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Businesses choose the location for their business for many different reasons. Depending on the company, the reasons differ.
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Businesses choose the location for their business for many different reasons. Depending on the company, the reasons differ. The main reasons are: Location of Raw goods Some companies like steel, iron and coal manufacturers choose a location because the raw goods that they need are already located there. If they locate where the supplies are they save a lot of money on transporting goods. Market Other companies like dentists, doctors, lawyers, retailers etc, locate where the market is. This would increase profit. Labour Some firms need a skilled workforce to manufacture the product the make. So they locate where there is a skilled labour force. Other firms locate somewhere, where there is a high unemployment rate; this means they save a lot of money on wages because people who need a job will work for any amount of money. Transport and communication links Firms who export and import goods need to be close to...
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