Importance of Location for a Business – Production Based Companies
Importance of location for a business – Production Based Companies
Companies focused on the manufacture and production of tangible products have a considerable number of factors that should be mindful of when selecting a location for their business. As in any business, the key to success is the efficiency with which a company can develop, produce and reach its potential customer base while minimizing costs and maintaining the highest quality of production and distribution.
A starting point for companies involved in production and manufacturing would be the size and scale of the manufacturing plant they envision, the manufacturing process, and what local and environmental impacts the manufacturing process would involve. Furthermore, it is also important for these entities to consider local supply chain strength, human resource availability, and other support services required to maintain consistent, continuous, and sustainable production with minimum disruptions.
Initially, do potential locations provide the necessary local government and regulatory support to establish and operate a facility of the kind which a particular business envisions. Many cities, districts, and states have their own sets of regulations for governing business operations, and therefore is an important factor in the consideration process. Depending on the product and the manufacturing processes involved, local, government, and environmental regulations could affect everything from noise pollution, waste disposal, water management. They could also have an impact on labor and human resource management, taxes, and other licenses. And therefore, a proper understanding and evaluation of these factors would be key to ensuring the long-term viability of a location for establishing a manufacturing plant.
The supply chain is another key factor that would positively or negatively affect the success of a production or manufacturing process. Timely delivery of raw materials, quality of raw materials, climate and environmental factors which could affect the storage of raw materials, etc., are all important. Even the distance from the source of the raw materials to the production facility will impact the costs. The second half of the supply chain also includes distributing manufactured products to the potential distributors and retailers in optimum conditions to reach the end consumers. Location of the manufacturing and warehousing locations would impact the logistics and cost of this part of the operation and therefore have an impact on the final product quality and price.
Human Resources is a hugely important factor in the manufacturing process and should therefore be given due consideration. A quality workforce is a key to a quality end product. And while it may seem all well that there is the availability of quality human resources for the start of the operation, a business should always consider the long-term and possible expansion needs. Having the right combination of talented employees for the various stages of production and operations is very important for the success and growth of a business. And as a business entity that will become an integral part of the local community, consideration must also be given to whether the social and cultural dynamics of the community would be supportive of the company or business.
When considering all these factors, likely, there will never be a one hundred percent fit and winning choice. Still, the key to selecting a suitable location for the business is to identify which of these factors are the most important for the success of the business and the company and develop a selection criterion based on that. Because as we are well-aware, the needs of different products and production processes will have different implications and related challenges. So, there is no ‘one-size-fits-all’ system when selecting a location for a business, only that the requirements and challenges are carefully identified, evaluated, weighed, and considered before a final decision for investment is made.
Location is very important to a business whenever you have a small or big business to plan. Planning a good and stable location for a business could help you grow. And also you are aware that location plays a big role in steps making a business. Example your business is big and you should really plan out your location for the production process. Because if you don't plan out the location, it can cause a problem to your production process. It's a win-win situation if you have a good location for big productions if you find a good location for your business.
ReplyDeleteBeing in the right location is a key ingredient in a business's success. If a company selects the wrong location, it may have adequate access to customers, workers, transportation, materials, and so on. Consequently, location often plays a significant role in a company's profit and overall success.
ReplyDeleteLocation plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance. Poor ones can cost millions in lost talent, productivity and capital.
DeleteA good location can attract more customers, by that can have a good profit. It's good also for the performance of a company and it leads to success. So, chosing a good location is a must.
ReplyDeleteLocation plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance. Poor ones can cost millions in lost talent, productivity and capital.
ReplyDeleteThe importance of location in business success cannot be understated. The location of a business positions it not only to attract a customer base but also to attract the right sort of talent to make the business a success. A business’s location also helps it create a brand and image, since there are always parts of a city that carry a reputation, whether it is a reputation for simple living or a reputation for luxurious extravagance.
ReplyDeleteBeing in the right location is a key ingredient in a business's success. If a company selects the wrong location, it may have adequate access to customers, workers, transportation, materials, and so on. Consequently, location often plays a significant role in a company's profit and overall success. As in any business, the key to success is the efficiency with which a company can develop, produce and reach its potential customer base while minimizing costs and maintaining the highest quality of production and distribution.
ReplyDeleteLocation in business is very important. Location decisions can have a big impact on costs and revenues. A business needs to decide on the best location taking into account factors such as:
ReplyDeleteCustomers - is the location convenient for customers?
Staff - are there sufficient numbers of local staff with the right skills willing to work at the right wage?
Support services - are there services offering specialist advice, training and support?
Cost - how much will the premises cost? Those situated in prime locations (such as city centres) are far more expensive to rent than edge-of-town premises.
Choosing a location for a business has always been crucial. Many employees keep a careful eye on where they're based in order to improve work-life balance, and location has a big impact in attracting and retaining the finest personnel.
ReplyDeleteA company's long-term performance can be considerably boosted by good site decisions. It can cost millions of dollars in lost personnel, productivity, and capital if you choose the wrong one.
Deciding where to locate a business has always been important. Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance
ReplyDeleteDanilyn A. Camit
ReplyDeleteA1-04-BSBA3
Location is very important to the business if it Big or small business. Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance. Poor ones can cost millions in lost talent, productivity and capital.
The location of a business is one of the most important factors contributing to its success and also deciding where to locate a business has always been important. We also know that the location of a business positions is not only to attract a customer base but also to attract the right sort of talent to make the business a success. Lastly, choosing the right location at the outset can give our business a competitive advantage from the beginning and the proper location of our business can contribute a lot of its success.
ReplyDeleteThe location of a business is one of the important because if you choose the right place or location your business will make easy to find like your place is in the mall and many people go in the mall and they will see easy your business thats why location is very important . You have chance to sell your product because you've been in the right place to sell .
ReplyDeleteHalil B. Datumanong
DeleteA2-03
Location is one of the essential factors in establishing a business. Good location enables the organization to have an ample amount of customers which results to high profit. Always consider also the impacts that it might have to its neighborhood and to the environment. Having a good location will greatly have a positive return to the organization. In choosing a good location, always consider the things or people that might get affected.
ReplyDeleteLocation is the key to a business success. The importance of the location of your choosen business is important . Your success in the field of business depends on how will you find the location that is suitable for the clients and find new one's as the same time faster. Location can also be an influenced to a business’s ability to market itself, the competition it faces from businesses, the total cost of operation, taxes the business owner need to pay and must follow the regulations .
ReplyDeleteFARENAS, ANGIELYN V.
DeleteA1-01
Location is one of the reasons of success of the company. Because it determine the company's goal and future success. This might affect the transportation, the firms around the area and how the product will benifits that area. So choosing right location will help the company a lot in order to succeed in the future.
ReplyDeleteA2-02 KRIS JOHN GALVEZ
DeleteChoosing a business location is one of the most important aspects of starting a small business. Especially if you're running a small retail or restaurant operation, finding the right location means everything. It can dictate foot traffic, business atmosphere and long-term success for your small business.
ReplyDeleteRuby M. Saromines A2-05
The location of a business is one of the most important factors contributing to its success. It plays a crucial role in the way a business is perceived by the audience or customers. Because the right location attracts a large customer base to your organization as well as it creates the right sort of talent to make the business successful. Besides, it helps you in establishing a brand and image since it is placed in the middle of a city/place that carries a business reputation.
ReplyDeleteLYANN FRANCIS L. CORDOVA
BSBA A1-01
Choosing an accurate location for a business is very significant. For the reason that it can attract more customers in the means of what they need and because of that you can a high profit, gain customers satisfactions that can make your business become more trendy and successful.
ReplyDeleteLocation is important in a business because it can affect your income,selling and your profit. If you put your business in a right location,the customers can easily access your business.
ReplyDeleteThe location of a business is important because it can attract a large number of new customers if it is nearly as congested as the building area where customers usually visit. It will assist you in attracting new customers on a daily basis.
ReplyDeleteGood location is very important when you are planning to have a business, but in depends on what business you're going to build. In the way that it can make your business to make more profit and to be successful.
ReplyDeleteNicole J. Jarbadan A1-03
ReplyDeleteLocation will always be important especially for many businesses despite the rise of remote work, collaboration, telecommuting and virtual offices. If your business is conveniently located at the best place to attract customers, you can be certain of growth, an increase in sales and brand visibility.
Deciding where to locate your business has always been important. Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance
ReplyDeleteLocation for a business is important, because it is the key to successful operations and overall growth.Location plays a significant role in company's success or failure.Also location has a huge role in attracting the best employees,in order to optimize work-life balance.Good location decisions can significantly boost a company's long-term performance and poor once can cost millions in lost in productivity and capital.
ReplyDeleteTalha,Rosegie T
A2-02 BSBA3
Tracy Anne Yudelmo A1-04
ReplyDeleteBusiness is hugely important in a country's economy because it is the main economic engine for the country. Businesses are a very important part of the circular flow of any market economy. It is important to choose right location to attracts a large customer base on organization as well as it creates the right sort of talent to make the business successful. Besides, it helps us in establishing a brand and image since it is placed in the middle of a city/place that carries a business reputation.
Product-based companies focus on customers.
ReplyDeleteIt deals with tangible products. A tangible products are products which we can see or touch. So, location is one of the important part to attract more customers for the success of the business.
Choosing an optimal location is very important for a business unless businesses are not tied by particular factors of location like running web based educational services businesses, in order cases, finding a suitable place to locate the business is vital in order to accomplish the vision that cost minimised and benefits maximised which a long term decision
ReplyDeletePlanning a location is one of the key decisions in a business field. Good location decisions can significantly boost a company's long-term performance. Poor ones can cost millions in lost talent, productivity and capital. Choosing a location leads you to a profitable business.
ReplyDeleteSheena A. Vetuz
DeleteThe more businesses the more competitors that's why in building a business a good location is one of the most important that we need to consider. Because having a good location we can attract many people or customers that can lead to the success of the company and can help to boost company's long term performance.
ReplyDeleteChoosing an good companies and business production that is location is a very important for a business unless businesses are not tied by particular factors of location like running web based educational services businesses
ReplyDeleteRey S. Dilag A2-05-BSBA3
Location has a big role and impact to a company's success and should be selected properly with right planning because choosing a wrong location will affect the overall operation and outcomes of the business. In choosing the appropriate location we need to consider not just for the company’s benefit but also for the benefits and effect to the people around it, the government, customers and environment. Right location for the business is very important and necessary for every business to achieve it's goal and be successful.
ReplyDeleteMasculino, Jackie M.
A1-01-BSBA3
Location is one of the important need of a business. It is a where you can grow your business in a right place. Placing a store in a business is difficult because you need to analyze if that place can attract more customers and easy to found. Choosing right location can lead to a greater success .
ReplyDeleteLagamon, Stephanie Gail
A2-03-BSBA3
Choosing the right location for your business is as important as knowing what kind of business to put up. Location is one of the the key factors for your endeavor to succeed or not especially if you're setting up a production or manufacturing based company.
ReplyDeleteThere are different factors to consider when choosing the best location if you chose to have a production or manufacturing type business. The most important thing to consider is that you should know how large or the scale of the manufacturing plant you want to build. You should also have a clear idea of how everything should work, what processes to apply and you should have an insight on the environmental impact your plant would have.
Availability of raw materials should also be kept in mind in chosing your location. Your manufacturing plant should be near the places where you can easily get the raw materials that you need without spending much on transportation and you should also consider the man power that you'll need for processing those raw materials. Having raw materials without people to process them would be useless.
The last thing to consider when choosing the best location for your manufacturing plant is the distribution of your finished products from you plant to the distributors or resellers. You should be able to easily deliver your products efficiently.
Homena, Jana
Bsba MM
The location is one of the most important in business since the right location attracts many people and you need to put your business at the middle of city so that many people can locate it easily. The right location can help to grow your business.
ReplyDeleteAngelica Edit
DeleteA1-04-BSBA3
CAMILLE VILLAESTER
ReplyDeleteA2-02BSBA3-MM
The importance of location in a business positions it not only to attract a customer base but also to attract the right sort of talent to make the business a success and also the location of a business is one of its most important factors for the business success.The location you choose for your business is a monumental decision that needs to be carefully considered.
location is one of the most important aspects of starting a small business. Especially if you're running a small retail or restaurant operation, finding the right location means everything. It can dictate foot traffic, business atmosphere and long-term success for your small business.
ReplyDeleteFernandez, Christine Mae S.
ReplyDeleteA2-02-BSBA3
Location plays a huge role in attracting and retaining the best employees, and also to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance and poor ones can cost millions in lost talent, productivity and capital.
Location plays a huge role in attracting and retaining the best employees, for most brick and mortar businesses, product location is a vital part of business making a right location can help to grow your business. And consequently a significant role in a company's profit and overall success.
ReplyDeleteLocation is very important in every businesses. Because it well help you to choose where you can build your own business in order to gain more customer's. So that your business will be bigger in capital and productivity.
ReplyDeleteCathyrine P. Daquita
ReplyDeleteA2-02-BSBA3
Location is very important in every businesses. Because it well help you to choose where you can build your own business in order to gain more customer's. So that your business will be bigger in capital and productivity.
Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance. Poor ones can cost millions in lost talent, productivity and capital . Generally, the location of a business positions it not only to attract a customer base but also to attract the right sort of talent to make the business a success.
ReplyDeleteLocation will always important especially for many businesses.Also in business location has or have advantages and disadvantages. The location of business is not only to attract by customer but also to attract the right sirt of talent to make the business success. A business location also helps it to create a brand and image. In short business Location is very important before to plan on what kind of business did you want to build. Location can give overview of business to all buyer's.
ReplyDeleteLocation will always important especially for many businesses.Also in business location has or have advantages and disadvantages. The location of business is not only to attract by customer but also to attract the right sort of talent to make the business success. A business location also helps it to create a brand and image. In short business Location is very important before to plan on what kind of business did you want to build. Location can give overview of business to all buyer's.
ReplyDeleteGerico Maglasang
ReplyDeleteA2-02-BSBA3
Location is very important especially in businesses and this one key factor for the business to become success.Having a good location can attracts the consumer and earn more profit for the growth of business.And boost the company's long term goals.
Roxanne V. Balgos
ReplyDeleteLocation is very imporant to business. Location plays a huge role in attracting and retaining the best employees, good location decision can significantly boost a company's long term performance.
Location has a big important role when you are creating your business. Set an accessible location for all and ease for them to locate you. Having a good location create an effective marketing strategies and help your business in the all aspects of business organization to establish and promote the best goods or services in the business firm.
ReplyDeleteLocation has a bigger impact in starting a business. Your choice of business location affects your income, your expenses, and sometimes whether you're operating legally. Good location decisions can significantly boost a company’s long-term performance. The location of a business positions it not only to attract a customer base but also to attract the right sort of talent to make the business a success. A business’s location also helps it create a brand and image, since there are always parts of a city that carry a reputation, whether it is a reputation for simple living or a reputation for luxurious extravagance. Location can impacts whether enough profits will be generated to sustain the business. Conducting market research can help identify parts of a city where a business will thrive.
ReplyDeleteIt’s also important to consider the location costs. Business owners should find a balance between well-trafficked parts of town and the cost of the planned location. Again, researching an area in advance is the best way to identify whether it will make a suitable home for the business. That is why location plays a significant role in your company's success or failure.
Sheila May S. Fermo A1-04 BSBA 3
ReplyDeleteSelecting the right location for a company's plant is very important because it has a direct effect on factors like financial, employment and distribution patterns. It would affect not just the logistics and cost of the manufacturing operation but also the distribution process of the raw materials and therefore have an impact on the quality and price of the final product. Having a good location can significantly boost a company's long-term performance.
For me , Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance.
ReplyDeleteKENT RON BERMEJO
ReplyDeleteA2-03-BSBA
For me , Location is very importnat business industry . Just to make it simple . Location is a key to have a successful operations and overall growth.Your choice of business location affects your income and also your expenses.The right location will increase the chance of a business succeeding. The wrong location could increase the chances of a business failing
ReplyDeleteGail Anne T. Medi
A2-02 BSBA
When we say Business, we don't really lose the word location where it will be built and we have to choose a location where it will be popular with people no matter what. Because the location also depends on whether your business will be Successful and so that you yourself can know if it will be a good place when it comes to accessing products.
Location has always been important when setting up a new business or expanding your services onto the new markets. Your benefits as a business depend on how well you are located to be found. And it is very important to the customers the Accessibility and Competition because location is crucial when it comes to dealing with your competitors.
ReplyDeleteClare Ann G. Campollo
ReplyDeleteA1-03
Business site selection is a complex strategic decision and may affect a company's future in the long run. Choosing the correct facility location improves the competitive advantage of the firm and allows it to focus on a single successful strategy. It will impact to the factors of companies business wages, transportation, fixed cost, availability and so on. Thus, the appropriate facility location of a business can contribute to the company's profit and overall success.
Location is very important for a production based companies ,it must strategically located wherein supply of raw materials will be delivered in a most cost efficient way to hasten the production cost of the product. Target market is also considered in the business location,strategic location of the company will ensure a steady supply of products or goods in the market at a reasonable cost.Location must also considered to its workforce or employees so that production performance will be maximize if workforce are in full and on time.
ReplyDeleteRonese Marie Bontia
DeleteA2-05 BSBA
Casipe, Mary Joy B.
ReplyDeleteA2-02 BSBA3
The importance of location in business success cannot be understated. The location of a business positions it not only to attract a customer base but also to attract the right sort of talent to make the business a success. A business’s location also helps it create a brand and image, since there are always parts of a city that carry a reputation, whether it is a reputation for simple living or a reputation for luxurious extravagance.Location is important if you have not built a loyal following that sustains your business, who will go out of their way to come to you. And even for your loyal customers, if the location is hard to reach, it discourages their frequency to visit.
CHRISTY N. PARREÑO
ReplyDeleteA2-02 BSBA-MM 3
Your choice of business location affects your income, your expenses, and sometimes whether you're operating legally. Even in an age where people can buy and sell through the internet and project teams can collaborate from various states and countries, location plays a significant role in your company's success or failure. Finding the right location means understanding the right qualities to look for in a potential space. Analyzing your area, reading about potential customer demographics, and considering where competitors are located are all important aspects to finding and choosing the right location. It's also important to consider your needs as a business owner before deciding on a location. If you're not running a retail or restaurant-type business and therefore won't need to rely on foot traffic, it's important to consider access for other business needs. This can mean supply deliveries, client meetings, and warehouse or major storage space for your business. By analyzing your options and defining your needs, you're well on your way to finding the right business space for you.
Vallyn Arandilla
ReplyDeleteA2-03
Location plays huge role attracting, a key ingredient in a businesses success and retaining the best employees, many of whom keep a close eye on where they're based in order to optimize work-life balance. Good location decisions can significantly boost a company's long-term performance.
Location plays a huge role in business . by putting your business in the right place you can ensure your profit and your business as well. Especially when your product is one of the daily needs of people. The business is depending on the location, because the wrong location could increase the chances of failing.
ReplyDeleteVenus,Rhea Angelica A2-05
DeleteSangalang, Angeluz F.
ReplyDeleteA1-04-BSBA3
It cannot be understated that finding a good location for the success of a business is very important. The location of a business position is not only to attract a customer base but also to attract the right sort of talent to make the business a success. A business’ location also help create a brand and image, since there are always parts of a good location plant that carry a reputation towards a successful business. Placing your business in a feasible and good location reflects the business' brand and products that can impact the success of its establishing.
When putting up business location is the first thing that business owners must considered. Good location for a business result good profit and outcome. It is important that our choosen location suits to our business also to our employees. We should think first the advantages and dis advantages of that location before we choose. And if you think it is good then you can now put your business and make it grow and progressive that can help our fellow and our government.
ReplyDeleteAngely Deaño
ReplyDeleteA1-01-BSBA3
Location is important before putting a business. Location of the business is that more attracted to the customer. If you're putting business but not having a good location is you can't get what you want in your business.
Angel P. Montero
ReplyDeleteA1-01 BSBA3
The business alone cannot survive long if the location is failure. One and most important thing is always point to a good choice of location to put up chosen business venture. I believe there is always a key factor to become successful. If the business put up in a good place big possibility it will succeed but there is no guarantee that it will survive long. It's not just the place of location to be consider but also to look on a bigger picture and generally take good care of your assets to sustain the life of the business is a matter.
Good location will eventually grow and foster when it use in good way it will benefit to the business and also to the owner, vice versa good location provide people a convenience.
The place of location is a silver lining of every business.
Location plays an important role in success of any business. Choosing suitable location can attract more market that help them achieve their goals and objectives. And it is the basis of company's long term performance. Also, it will help companies not to spend too much.
ReplyDeleteLorie Mae P. Española
ReplyDeleteA1-04-BSBA3
-The most important thing in business is location in making products easy to find and showcasing products that you want your customers to buy is essential in ensuring customer satisfaction and guaranteeing a purchase. The location of a business is not only to attract a customer base but also to attract the right sort of talent to make the business a success. If a company selects the wrong location, it may have adequate access to customers, workers, transportation, materials, and so on. Consequently, location often plays a significant role in a company's profit and overall success.
When starting a new firm or developing your resources into new areas, the location has always been crucial. As a business, your success is determined by how well you are positioned to be found. Accessibility is one of the advantages of picking the correct location. You may be having trouble reaching out to your prospects if your business address is too far away from your target audience, especially if your firm relies on offline sales as a primary source of revenue. As a result, profits are lost.
ReplyDeleteNene, Stephanie Amor M.
ReplyDeleteA1-03 FM3
Having a good location strategy allows to obtain the optimal location aligned to the organization's needs and objectives, one that allows your firm to maximize opportunity while minimizing costs and risks. The location has always been important when setting up a new business or expanding services onto the new markets. The benefits as a business depend on how well the business are located.
Location is most important to starting a small business that can help to attract a large customers. If you have a business you choose a location has a lot of people and a lot of buildings or business. It is a big contribution this location to having a successful business.
ReplyDeleteLocation plays a huge role in attracting and retaining the best employees and also has an even larger effect for microentrepreneurs. Good location decision can significantly boost a company's long-term performance and a business's location also helps it create a brand and image. So that the location is important factors for success.
ReplyDeleteBanday, Sharie Nay H.
DeleteA2-05-BSBA,3
Deciding where to locate and establish a business is one of the most important decision you will think and do. It plays a huge role in attracting customers and employees of where you will plant your business. Having a good location allows your firm to optimize and has a big opportunity for growth. Before deciding where to locate a business you will think about the transportation and if it’s accessible to your consumer first. Choosing the right location is never been easy but just go where there is demand and has a safe location.
ReplyDeleteA business's location not only helps attract customers, but also helps recruit the appropriate kind of talent to help it succeed.
ReplyDeleteOne of the reasons for the company's success is its location. Because the company's goal and future success are determined by it. This could have an impact on transportation, local businesses, and how the product benefits the area. As a result, picking the proper location will be extremely beneficial to the company's future success.
Yvonne Aquilo
DeleteA1-03 BSBA3
DEFIÑO, MA. JUDY T.
ReplyDeleteA2-03-BSBA3
Why is there really a need to be aware or mindful when we are talking about our business' location? Well, location can do major roles on reaching your business summit. Good location must be eye-catching and is quite visible to our target costumers, location must be safe so that the developing and upgrading business is always secured, a good businessman must take note that the location of the desired business must be the need of the community. All of the above-stated are just some of the notes we must always have when we choose the best location of our business; since your idea, plans, and concepts must always magnetize people to grasp the better.
Location is very important for the business. We build a building for a business it takes time to study it first, where is the best location. Because here depends the income of the business.The best location is always frequently by many people. So when there are many customers, the sales of the business are also big.
ReplyDeleteGillian A. Saban
DeleteA2-03 BSBA3
Location is important because that factors greatly into how your initial customers can find you, and how often your existing customers visit.
ReplyDeleteBansara,Aiman P.
A2-03
Choosing a perfect location for your business had a big impact on sales and customer satisfaction. Considering the organization's objectives and its long-term business goal. A perfect location to locate your business is essential in how the product and services will reach the customers. It is always better to be closer to the market you want to operate, sell, and especially to the customers/consumers.
ReplyDeleteThe location of a business is important whether it is big or small business. They need to be more responsible and vigilant to the location of the business. The customer’s preference is the location that is peaceful environment and people to visit. The right location attracts the customer’s need and wants so that they are free and comfort to unwind. Business location is important whatever challenges happen to your business you need to strive harder just to make it successful one day.
ReplyDeleteBigay, Rhea Liza B.
DeleteA2-02 BSBA 3
When having a business small or big business considering a perfect location is very important. Be mindful that a place you should choose can catch attention of the consumers. The business location helps the business achieve it's long-term goals and how the product would sale in the market. So choose a location that can be easily found and accessible by vehicles.
ReplyDeleteIn every choice the right location is important in every business because it gives a big impact on cost and revenues. The right location can attract more customers by influencing the good locations and by getting their attention. That's why location is one of the keys why businesses succeed in business and also it can increase a business long-term performance.
ReplyDeleteMJ Senupe A2-02-BSBA3
ReplyDeleteIn every business that we plan, location is the first important that government provides the necessary and regulatory supports for all. We must identify the exact location for the stable business and become successful.
Location of a business plays a big role on all transactions and operations it has for the success and growth of it. The main consideration in selecting a location is the accessibility it has for the customers, employees and it's stakeholders. Good location could attract more customers and also give convenience to them. Location of a business generally affects the long-term goals and growth and success of a company.
ReplyDeleteDeciding where to locate a business has always been important. Good location decisions can significantly boost a company's long-term performance. Location plays a huge role in attracting and retaining the employees also in a significant role in a company's profit and overall success. . If a company selects the wrong location, it may have adequate access to customers, workers, transportation, materials, and so on.
ReplyDeleteLocation plays an important role in a business, having good location can be a factor for your business to grow. Good location decisions can significantly boost a company's income / profit, productivity and efficiency in work will be implement.
ReplyDeleteThe closer the products are to your customers, the higher your market value.
ReplyDeleteIn any kinds of businesses, selecting the best location for the business is an important thing to be consider. It is relevant to always choose the right place for your business to be accessible for the customers wherein they can see it easily. But it's also important to always prioritize the customer's safety when locating your business. However, it depends on the product or service you are offering and it is way much better to do a research of your right target market before putting up a business for the best outcome. Because having a good location will surely have a great impact on the business's performance and later on will make the business prosperous.
Location plays a huge role in a business. Having a better position is important in setting up a business. Your success as a business depends on how well you are positioned to be found. Location is important because that factora greatly into how your initial customer can find you , and how often your existing customers visit. We have to chose a better location for our business . Because having a wrong location can lessen your customer and can affect the whole part of your business. So , must chose a better location to have a successful business.
ReplyDeleteHaving a good business location is one of the important aspects in business. It maintain the business competitiveness that can lead for the business success in the long run. It also provide an easy and fast access for every consumers in their convenience .
ReplyDeleteLocation must be important in some aspects of business.Plant layout also had an imoact and it might affect the production and manufacturing process if there's a distance and can cost even more. In business location is a place where your business suit to and marketable in that place. You have to think the advantage and disadvantage before you put up your business in your chosen place. Strategies of how and in what way you are going to have an income and how to expand your business if productivity exist.
ReplyDeleteChoosing a business location is one of the most important espects of starting a small business. Right location can attract more customers but you must considered their wants and needs first, and give them satisfied products.
ReplyDeleteFinding a good location for your future business is one of the important things to consider on planning for your business. As a Business management student, I am advising some entrepreneurs/future entrepreneurs to conduct their said business in a place where they know their products would much be effective. Planning about where your future business would you like to locate at is also one of the characteristics of being a responsible businessman/business woman.
ReplyDeleteLocation is important to merchants, in choosing where people demand more of your products. The business really starts with the location of how to identify your business.
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DeleteLesly Pineda
ReplyDeleteA1-03-BSBA3
Location will always be important especially for many businesses despite the rise of remote work, telecommuting and virtual offices. For better and quicker businesses opeartions, it is important to consider the location of your company to make it easy for suppliers to reach your premises on time to deliver goods and provide the necessary service for your business to run smoothly. Be a responsible owner of a business by choosing the location carefully. When business is conveniently located at the best place to attract customers, you can be certain of growth and an increase in sales.
Fuentebella, Linda Grace T.
ReplyDeleteA1-03 BSBA3
Location is very important to the business even if, it is Big or Small businesses. Location place a huge role in attracting and retaining the best employee's, many of whom keep a close eyes on where they're based in order to optimize work balance.
In putting up aa business, location has a very important role. The entrepreneur should plan the best location for the best outcome and success of a business. And the first thing that the entrepreneur should do is to plan where the location will be located and the accessibility of it to the consumer of the products or services offered.
ReplyDeleteLocation plays a huge role in attracting and retaining the best employees. Many of whom keep a close eye on where they're based in order to optimize work-life balance and good location decisions can significantly boost a company's long-term performance. The selection of location is a key-decision as large investment is made in building plant and machinery and the purpose of location study is to find an optimum location one that will result in the greatest advantage to the organization of plant may lead to waste of all the investments made in building and machinery, equipment.
ReplyDeleteMarifhern De Guzman
ReplyDeleteA2-02-BSBA3
The companies must be careful in selecting the right location for their plant because location plays a huge role in attracting and pertaining the best employees. Many if whom keep a close eye on where they're based in order to optimize work-life balance and good location decisions can significantly boost a company's long-term performance. The selection of location is a key-decision as large investment is made in building plant and machinery and the purpose of location study is to find an optimum location one that will result in the greatest advantage to the organization of plant may lead to waste of all the investments made in building and machinery, equipment.
ReplyDeleteBeing at the right location is crucial to a company's success. If a business chooses the improper site, it may not have appropriate access to customers, employees, transportation, supplies, and other resources. As a result, a company's earnings and general success are frequently influenced by its location.
Location is very important in business because choosing location is one of the most important aspects in starting a small business and increasing the changes of success. It enables to depict the exact site which mostly is the longitude and latitude on the map. The location of a business position is not only to attract customers base but to attract the right sort to make the business success.
ReplyDeleteLocation of a business position is not only to attract a customer base but also to attract the right sort of talent to make our business to become successful. That's why in choosing the location is very important in every businesses it could leads your business to become successful one or unsuccessful. Location is a crucial thing in our businesses to attain our desire success.
ReplyDeleteThe choice of business location affects the income, expenses, and sometimes whether in operating legally. Location has always been important when setting up a new business or expanding your services onto the new markets. Your benefits as a business depend on how well you are located to be found. Also location is important because that factors greatly into how your initial customers can find you, and how often your existing customers visit. Basically you just want to be wherever your customers are and make it as convenient as possible to visit you. And location is a strategic decision that can have a significant impact on costs. The best location for your business or startup depends on the nature of the business, how big you are, and what type of products or services you sell to who and where is your market, and how much money you can afford to spend. Then to determine the best location for your business, a lot of research has to be done in areas like product development, competition analysis, market analysis and all logistics around the business operation.
ReplyDeleteLocation play a huge rule in business, without planning the location it can give a problem in business activity. Choosing a location give impact to the sales, transaction, production, people, etc. A location should capable to all and can't affect to the environment.
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DeleteChoosing location is one of the most important aspects of starting A small business, it can divtate foot trafic, busiess atmosphere and long term succes for your small business.
ReplyDeleteFajurano, John Kevin L
ReplyDeleteA1-04-BSBA3
Starting a new firm or expanding your services into new areas, the location has always been crucial. As a business, your success is determined by how well you are positioned to be found.You may be having trouble reaching out to your prospects if your business address is too far away from your target audience, especially if your firm relies on offline sales as a primary source of revenue. As a result, profits are lost. When it comes to working with your competition, location is also key. Starting a business in an area where there are few direct competitors can help you attract new customer.
Villasis, Xyra C.
ReplyDeleteA1-03-BSBA3
Deciding where to locate a business has always been important. Location plays a huge role in attracting and retaining the best employees. Many of businessmen keep a close eye on where they will based the location in order to optimize work-life balance.
Good location decisions can significantly boost a company’s long-term performance. Poor ones can cost millions in lost talent, productivity and capital. That is why we should be wise in deciding the location.
The importance of location in a business positions to attract a customer base and to be more accessible for the buyers to purchase. Location of a business is one of the most important factors in putting a business, and for the business to success.
ReplyDeleteYou should also know on what is the best fit location for your products example you are selling a Rtw shop then you must locate your shop along the road so that people would see and have interest to visit your shop.
Jamaica Rapas
Having a good location for your business is important. It will help to be more accessible to you employees and specially costumer to go to. Having good business location may help you to acquire the supply that you need to your business in easier way and when it comes to dealing with your competitors, starting a business in an area with few direct competitors can increase the chances of attracting new customers.
ReplyDeleteJimena, Rea May
DeleteApolinario, Milkeye A1-04
ReplyDeleteLocation is an essential factor that helps business production to go smoothly and efficiently resulting to a good quality of products.
A location that is accessible to supplies, staff, and has adequate manufacturing space will certainly be successful in the long run and opportunity to grow. I also agree that it must follow the government rules and do nothing to harm the environment for it is to protect the lives near its location.
Bordador,April Rose G.
ReplyDeleteA1-01-BSBA3
Being in the right location is essential to the success of your business. ... Having a good location strategy allows you to obtain the optimal location aligned to your organization's needs and objectives, one that allows your firm to maximize opportunity while minimizing costs and risks.Ideally, you want to secure a business location that's not saturated by your competition. Look for areas where your product or service is in high demand or where your competition is fairly low.
Location is one of the aspect that the entrepreneurs must look when they are planning to build a certain business. Being in the right location is a key ingredient in a business's success. If a company selects the wrong location, it may have adequate access to customers, workers, transportation, materials, and so on. Consequently, location often plays a significant role in a company's profit and overall success.
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