ENTREPRENEURSHIP

Detailed explanation-1: -Deciding where to locate a business has always been important. Location plays a huge role in attracting and retaining the best employees, many of whom keep a close eye on where they’re based in order to optimize work-life balance. Good location decisions can significantly boost a company’s long-term performance.

Detailed explanation-2: -Location analysis involves checking the requirements of specific industries and companies against the prevailing site conditions. Given that every company has different requirements in terms of what makes a location suitable, the first step is to identify the strategic objectives of the new site.