Cummins UK :: Business Management Studies

Cummins UKCummins has umpteen worldwide locations spreading widely into eachcontinent. The European and Central region military headquarters be located atIver in Buckinghamshire. The Global Headquarters are located inColumbus in Indiana (USA). A map to show the location of the Cummins establish in Daventry is sh sustain below. The location of the Daventry plantis in a central position in the country and is resolve to motorways,train-stations, and an International Airport (Birmingham). This makesit ideal for products and materials to be delivered and distributedthroughout the country and onto different countries. The majority ofCummins employees are from Daventry. The unemployment level is 4.8%nationally, it is signifi merchantmantly lower in the Daventry district. The original unemployment rate in Northamptonshire is 1.7%. Before Cumminsdecided to set up a plant in Daventry they should have looked at thevarious aspects Does Daventry have the measure up and skilled employees th at Cummins need? Is the wage rate high in the Daventry bailiwick? Do we need to be near our customers? How much will it bell to set-up and keep running the plant in the Daventry area?Below is a map to show the location of Cummins in Daventry. It showsthe surrounding roads which can be important to the location of apremises.Businesses set up in certain areas can gain by receiving grants. The administration has sectioned the UK into class 1 and Tier 2. Tier 1 is thesection in or so need of grants because of high unemployment, lowerearning levels. Tier 2 is the areas are to a greater extent topical anesthetic areas of thecountry.Grant eligibility - the main factorsThere are a bite of factors that affect the eligibility for grants.Location of your businessEach of the countries of the United Kingdom has its own range ofgrants available.Some areas get extra grants due to social exit or highunemployment.Some grants are given by local authorities to help local businesses.Size of yo ur businessYou may single be worthy for some grants if your business is aparticular size, careful either by turnover or the number ofemployees.Many grants are limited to small or medium-sized enterprises (SMEs) -roughly one with fewer than 250 employees. patience sectorGrants are commonly targeted at industries that are economicallydisadvantaged.The government targets grants at industries they want to encourage.Grants rarely target retail businesses.Sales tuition increasingly attracts government grants, with anemphasis upon assistance to exporters.Grants are frequently targeted at manufacturing, farming and tourism.Businesses specialising in information technology and innovation areeligible for many grants.The purpose of the grantGrants are often awarded for a special(prenominal) purpose such as purchasing