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Chapter 20 - Location Decisions (Factors affecting the location of…

- - - - It will legally restrict the business activities that can be undertaken in certain areas. For example, a business planning to open a factory in an area of residential housing might be refused planning permission. In certain parts of many countries, especially in particularly beautiful areas, it is not possible to establish any kind of business other than farming.
      - The approval needed for construction or expansion in some jurisdictions.
    - - Government provides grants or subsidies to businesses to encourage them to locate in undeveloped parts of the country. This assistance would be in the form of financial grants, such as non-repayable amount of money paid to the business to locate in a particular area or subsidies paid to businesses (for example, low-rental factories) These areas usually have high unemployment rate and there is a great need for new jobs.
      - A financial award given by the federal, state, or local government authority for a beneficial project of some sort.