The factors that affect the location of a business include:
- Level of competition from similar vendors/businesses
- Availability/accessibility for/to customers
- Accessibility to suppliers
- Consumer demand of such a business in a certain locality (i.e., if your business is the only coffee shop in town, you will get lots of customers. If your business is one of many coffee shops in a town or city, you will not get as many customers)
- Ability to expand the business
ReportLike(0)ShareFavorite