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Question: What factors should a furniture retailer take into consideration when seeking to locate a new store? ... Retail location is one of the four main types of industrial location. ...
A furniture retailer would have to consider every aspect of location pertaining to retailing to ensure that his business would be a profitable one. ...
Firstly a furniture retailer would look into the availability of property. This involves the cost of the property and the analysis of whether the space is appropriate for accommodation of a furniture store. The retailer would also have to take into consideration the amount of land he may want to purchase as he will need enough space for the store itself, for storage of other furniture and some space would be needed incase of future expansion of the business. ...
The cost of local labour is another factor, which should be considered when choosing a location for a furniture store. ... Although this is so the location of the business depends on this, as in some parts the cost of labour differs from other parts.
Infrastructure would also play a considerable part in the choice of location for a furniture retailer.
Approximate Word count = 904
Approximate Pages = 3.6
(250 words per page double spaced)
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