S2 BDL - Business Location

There are many factors which must be considered before choosing a business location. Eg,

How close are you to ??? links eg roads, bus routes and train stations?

There are many factors which must be considered before choosing a business location. Eg,

Is ??? available and is the signal strong enough?

There are many factors which must be considered before choosing a business location. Eg,

Are there ??? near the location who would buy from the business?

There are many factors which must be considered before choosing a business location. Eg,

Is there car ??? available for staff and customers?

There are many factors which must be considered before choosing a business location. Eg,

Are ??? close so you can restock your business goods?

What is one of the strongest arguments for locating a business in a town center?

• Easier to manage logistics

• Increased number of potential customers likely to walk past

• Cheaper rent compared to out of town

• Less competition in the area

Why might a coffee shop benefit more from a town center location compared to a shop selling printer ink?

• Printer ink is a more popular product

• Coffee shops require larger spaces

• People are more likely to make impulse purchases for coffee

• Coffee shops do not rely on foot traffic

How can being located in a town center impact a business's perceived credibility?

• It suggests the business is well-established

• It indicates the business has lower quality products

• It means the business cannot afford rent elsewhere

• It has no impact on the business's credibility

Why might businesses in certain industries, like medical services, choose to locate in areas like Harley Street in London?

• Because it is less crowded than other areas

• Due to the area's good reputation for medical services

• Because it offers cheaper rent

• To avoid competition

What is a benefit of locating a business in a town center related to transport connections?

• Customers prefer to travel long distances

• There is less traffic in town centers

• All bus routes terminate there

• It is closer to suppliers