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Location - Coggle Diagram
Location
Central business district (ie. Manhattan)
Disadvantages
Expensive rent, limited area for expansion
Advantages
more potential customers, higher reputation -> can lead to added value
labour + wage rates
Supply of skill
convenience fortarget market
Accessibility to resources/capital
Suburban area
Cost of land
Reputation of the area
tax
regulations
wages & price of labor
Availability of government to subsidies and grants
Local standard of living
local culture and religion
environmental conditions
transportation, infrastructure
Target market