W8 Topic Essay Example | Topics and Well Written Essays - 250 words - 1

W8 Topic - Essay ExampleCreating effective strategies geared towards the identification of an impound location for is personal line of credit is important as it will help minimize incurred expenditures in terms of contain costs. Locating a business near a market and in areas where business expansion arouse easily be done is important for a business. Business or industries ought to be situated in locations where raw materials and labor are readily available (Waters, 2003). This can only be achieved through pattern and implementing proper location planning strategies. at that place are other factors such as political posture of a particular region or country, as well as social and economic issues that run business. Economic factors may include economic activities such as agriculture (Waters, 2003). Subsequently, considering the economic and social reputation of the target population is of significance as it directly contributes to the success of the business. Regions with polit ical instability ought to be avoided at all costs. Location planning strategies helps business owners identify these issues and hence enable them to make informed decisions. There are areas where business owners may enjoy tax cuts r benefits from the government and location planning helps business owners identify such areas. For instance, opening a business in rural areas may have extra benefits in terms of costs of production and tax cuts by the government (Bryson,