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Words: | Submitted: Tue Jun 20 2006
... site, the business needs to look at a combination of factors in order to weigh up the advantages and disadvantages of each factor. If a site is to be chosen, it will be the site that provides the best result but not necessarily the best in every category. All of the factors have to be assessed and ranked in order of importance to make a final choice for where to locate. Some of the factors are: * The need to be close to the customers * Nearness to raw materials and natural resources * Transport costs * Land costs * Cost of premises * Supply of skilled and experienced labour * Safety * Waste disposal * Communication * Regional advantages * Government influence * History and tradition Local labour supply All businesses need to employ staff so it would be an advantage to locate in an area where people live. A remote area would have difficulties finding people to work for them. The ...
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