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    LSM Business Location

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    Nitheesh Kumar
    The location of a business is important for its success. When choosing a location, businesses should consider factors like how convenient it is for customers, the availability of local staff with needed skills, access to support services, costs like rent, and any government grants or incentives available for areas with high unemployment. Government assistance for locating in certain areas can include grants that don't need to be repaid, long-term loans with low interest rates, and tax breaks like exemption from business rates.

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    LSM Business Location

    Uploaded by

    Nitheesh Kumar
    10 views4 pages
    The location of a business is important for its success. When choosing a location, businesses should consider factors like how convenient it is for customers, the availability of local staff with needed skills, access to support services, costs like rent, and any government grants or incentives available for areas with high unemployment. Government assistance for locating in certain areas can include grants that don't need to be repaid, long-term loans with low interest rates, and tax breaks like exemption from business rates.

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    The location of a business is important for its success. When choosing a location, businesses should consider factors like how convenient it is for customers, the availability of local staff with needed skills, access to support services, costs like rent, and any government grants or incentives available for areas with high unemployment. Government assistance for locating in certain areas can include grants that don't need to be repaid, long-term loans with low interest rates, and tax breaks like exemption from business rates.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    10 views4 pages

    LSM Business Location

    Uploaded by

    Nitheesh Kumar
    The location of a business is important for its success. When choosing a location, businesses should consider factors like how convenient it is for customers, the availability of local staff with needed skills, access to support services, costs like rent, and any government grants or incentives available for areas with high unemployment. Government assistance for locating in certain areas can include grants that don't need to be repaid, long-term loans with low interest rates, and tax breaks like exemption from business rates.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    Business Location

    The location of a business can make an important difference to its success. Choosing the right
    location means taking into account a number of factors.

    A business needs to decide on the best location taking into account factors such as:

    Customers - 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 premise

    Government and location

    The government offers grants and assistance to businesses that locate in areas with high

    unemployment. Incentives include:

    Grants - to help with the cost of setting up a business. Grant money does not need to be
    repaid.

    Loans - which are repayable over many years at low rates of interest.

    Tax breaks - for example firms may be made exempt from paying business rates.
    Top Polluted Cities

    1.Kanpur

    2.Faridabad

    3.Varanasi

    4.Gaya

    5.Patna

    6.Delhi

    8.Agra

    9.Muzaffarpur

    10.Srinagar

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