LOCATION OF BUSINESS

Location means selecting a site for business. For starting a business location is also an important factor. It is very difficult to change the location once the business has been set up. For selecting a location of the business, many factors have to be considered. For trading concern nearness to customers is the main consideration. But for industrial concern special precautions should be taken in selecting the site. Hence location is the best in which production and distribution cost per unit is the least, sales are maximum and maximum profit is possible.