*Location*

Question 1

Why is it important to locate near raw materials?!?

Answer 1

• easy access to materials

- closeness

Question 2

What is footfall?!?

Answer 2

The amount of people who pass through

Question 3

What factors must be considered in locating a business?!?

Answer 3

• cost of land
• competition
• labour cost
• cost of rent
• closeness to raw materials
• closeness to suppliers
• infrastructure
• closeness to buyer
• population of the area
• target market