Business Location

The success or failure of a business frequently depends on its location. The right location will increase the chance of a business succeeding. The wrong location could increase the chances of a business failing. The amount and cost of land clearly depends on the business’s choice of location, but so do things such as the nature of land. Businesses like oil refilling and superstores need large, flat sites, which can bear heavy loads and have a lot of open space. A site in bad condition needs more money spent on it and local planning restriction must also be considered. So either way it is nearly the same amount spent.                                             The businesses I am investigating are McDonald’s and Tesco                          Mc Donald’s is located in the high streets of Lewisham:                            

This is a good location for McDonald’s as there are houses, schools, a shopping centre and other businesses nearby which means that there are a lot of customers for the business. There is one more factor about this area. There are a lot of shops and leisure centres, shopping centres, cinema and fitness clubs. So McDonald’s customers could visit there after they’ve had a great meal.

 

                                                       

This is the information about the population of the people in Lewisham east who also live around McDonald’s in the chat above all the people who live in Lewisham east are 86574 the chart also shows that the people of ages 16-74 that are employed this shows when they are at work they can visit McDonald’s. The chart also shows the people with car or van this shows they could go to McDonald’s with or without a car.

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Tesco’s is located around the Town Hall of Brixton:

The area is well developed, so there would be no problem with the area which is well served by transport links such as train and bus routes. This is vital because the customers need this to carry their shopping from tesco’s back home. This is also good for the company because it means that customers, employees and suppliers can get to the business easily. The business is also close to a large residential area, which means that the firm would be able to find more ...

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