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Copy of DETERMINING THE RIGHT LOCATION

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by

Apol Sison

on 16 February 2014

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Transcript of Copy of DETERMINING THE RIGHT LOCATION

DETERMINING THE RIGHT LOCATION
What is the right location?
Selecting
Region

Province

City or Town
population growth
average annual income
of families
Steps in selecting location
choosing a viable community
selecting the trading area
evaluating the specific site
criteria for selecting business Location
1. Selecting the Region
2. Selecting the Province
3. Selecting the City or Town

It will bring the highest possible benefits to the firm.
The right location for one firm may be wrong location for the other and vice versa.
proximity to markets
proximity to supply of raw materials
labor supply
business climate
population trends
local laws and regulations
competition
compatibility with the community
transportation
public services
police and fire protection
reputation of the location
Determine

Viable Community Trading Area Specific Site

economics
population
competition
central business district
shopping center
free standing location
pedestrian traffic
vehicular traffic
parking facilities
transportation
store composition
specific site
terms of occupancy
Full transcript