Location describes where the business is situated.
Inertia is the reluctancy to change or move locations.
A software company located here in kettering?
- not much IT skill found in Kettering due to the small population
- inexpensive as opposed to ocating in London
Factors to consider when deciding where to locate your business:
- Skills avaliable in that area (e.g. Cambridge and London have a high skilled population whereas Kettering doesn't. Also in Sunderland, Nissian decided to open their UK car divison there. Due to the previous factory work there, there was the right workforce present. The existence of government support in grants and tax relief helped too).
- Transpotation links (e.g. is there access to roads, buses, ships, trains, planes. This is useful…