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Presentation transcript:

http://www.channel4.com/programmes/location-location-location/4od

The LOCATION of a Business , 2013 Year 10 GCSE Business Studies

Starter Activity http://www.youtube.com/watch?v=tl6rfDVQoYk Opened in 1990

Location, Location, Location! LEARNING OBJECTIVES £ Describe the factors that affect the decision of where to locate a business ££ Analyse why a business is located in a particular location £££ Recommend the most suitable location for a business

Location, Location, Location! Burr’s Bakery Ltd Where to LOCATE my business??? Great Idea! Lots of potential customers in Chelmsford Deliver good value for money

Location, Location, Location! Could be the MOST important decision I make…why? It is a very expensive decision to reverse: Costs Sales Image

Factors affecting the Location What factors will affect the decision of where to locate my bakery business in Chelmsford?

Where is this?

Where is this?

Location, Location, Location! The factors that affect the decision of where to locate a business are: 1 Type of business 2 Availability of locations 3 Competitors 4 Availability of raw materials 5 Availability and cost of labour 6 Transport links 7 Costs 8 Government Incentives

Location, Location, Location!

http://news.bbc.co.uk/1/hi/england/7624289.stm

Location, Location, Location! Burr’s Bakery Ltd Where to LOCATE my business??? Great Idea! Lots of potential customers in Chelmsford Deliver good value for money

Options The Meadows Shopping Centre High Chelmer Shopping Centre High Street Chelmer Village Park Moulsham Street

Location, Location, Location! LEARNING OBJECTIVES £ Describe the factors that affect the decision of where to locate a business ££ Analyse why a business is located in a particular location £££ Recommend the most suitable location for a business

Plenary Spot the MISTAKES