Factors Influencing Business Location Explained

Watch this video if you want to understand how a business chooses where to locate and the factors that influence their decision.
In order to make a business as effective as possible it is vital that the business chooses a suitable location that will have the most positive impact on the business. This video covers the factors that impact where a business decides to locate and the implications of that decision.
There are three key in influences on where a business decides to locate. These are:
● Proximity: how close does the business need to be to… the market, labour, materials and competitors. The business needs to decide which one of these is most important to the business.
● Next is the nature of the business activity. What does the business do? is it in retail, a service or manufacturing. We will look at why these would impact the decision of where to locate next
● The final influence is the internet. How does the internet impact on where a business decides to locate?… do they even need a physical location at all?
The video covers each of these in detail and is great for GCSE revision or A level and BTEC business.
If you want to apply your new found knowledge of factors influencing business location then download the free activity sheet here www.tes.com/teaching-resource...
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[@TwoTeachers]

Which factor do you think influences business location most? (leave a comment and let us know)

[@thisisalex7]

my condolences

[@TwoTeachers]

@@thisisalex7 Yes, we feel your pain Alex.

[@thisisalex7]

Two Teachers what are your opinions on deez nuts trap remix

[@TwoTeachers]

Fair point, thanks for your input 👍

[@johnnybutler6178]

Being closest to where your mother lives

[@tosinosobu4707]

Amazing and informative video 👍

[@TwoTeachers]

Glad you liked it

[@nosaekhator1858]

A very short and accurate way of explaining factors influencing business location. Thank you!

[@TwoTeachers]

Really glad it helped and thank you for letting us know 👍

[@seeksustainablejapan]

Great video explaining the basic concepts - thanks two teachers!

[@TwoTeachers]

Thank you so much! Really glad it helped 😁

[@cryptichamster3471]

loved this video it was really helpful for my class!

[@TwoTeachers]

That's great to hear 😁

[@boagokeetshabe1506]

Amazing video. Well explained!

[@TwoTeachers]

Glad you liked it!

[@chernobylizard3471]

who else teacher made you watch this for commerce?

[@TwoTeachers]

Your teacher sounds like a fantastic person, only the best recommend our content :)

[@chernobylizard3471]

@@TwoTeachers Of course, she is an amazing teacher, btw the video was very helpful!

[@marialymperopoulou6567]

that’s a very informative and well-organized video !

[@TwoTeachers]

Thank you, that's great to hear, glad you found it useful Maria!

[@TeasonVedder]

thx for this helps alot

[@TwoTeachers]

That's great to hear Teason, appreciate the feedback.

[@H4man430]

Amazing video

[@TwoTeachers]

Glad you think so, appreciate it!

[@amershareef9953]

Great video

[@TwoTeachers]

Thanks appreciate it 👍

[@leogibson6521]

Nice vid bro

[@TwoTeachers]

Thanks bro 👍

[@lexi.robloxxx9724]

Really helpful tysm

[@TwoTeachers]

Really appreciate you saying that, glad you to hear you liked it!

[@kenos7628]

needed to watch this for geography work

[@TwoTeachers]

Hope it helped 👍

[@fiachramcguinness1169]

Good

[@TwoTeachers]

Appreciate that Fiachra, hope you learnt plenty from the vid.

[@jamiewallace3546]

Is there awnsers included in the activity sheet?

[@TwoTeachers]

There isn't at the moment. However all the answers are in the video 😁

[@patster543]

coursework saviour

[@TwoTeachers]

Great to hear, hope you get the grade you wanted!

[@martinjackson6716]

where the customers are or how they contact the business!

[@TwoTeachers]

Not sure 😬

[@mila5218]

Yo yo yo wsg

[@TwoTeachers]

Yo yo yo TT

[@johnl163]

Whenever I hear the word "labour" I also hear slavery lol. Is it just me?

[@TwoTeachers]

😂

[@henwoda]

Labour is just the workforce, what jobs and careers are availabke and whatnot

[@Aliii_17]

id rather watch charli do the renegade than do more work on this

[@Ismaeel806]

100%

[@TwoTeachers]

1000%

[@Jack-zs7yl]

moo

[@TwoTeachers]

Baaaa 🐑

[@H4man430]

@@TwoTeachers lol 😂

[@RonnieArcher1]

Silly

[@TwoTeachers]

Extremely stupid.

[@lukemackey5482]

Wrong.

[@TwoTeachers]

Right!

[@oocabuca6262]

Poopy shoopy

[@TwoTeachers]

Yes Ooca Buca!