Business: Section 1 (Location of production)

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  • Factors that influence a business location
    • 1) Location of raw materials. E.G Weetabix near a Wheat farm
    • 2)Labour Supply. If it locates in high unemployment areas wages will be lower.
    • 3) Transport. Is it easily accessible?
    • 4) Economies of concentration. Away from or close to competitors?
    • 5)Communication Links. Good telephone ,internet and postal services.
    • 6) The local people. E.G Expensive on Saville Row
    • 7)Government policy. E.g how much tax?

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