Which Business Location Factors Are The Deciders?

If your business has room to expand into another country or jurisdiction of Europe

, or indeed further afield such as Africa or the Middle East for example, what would be the key business location factors which were the ultimate deciders on moving your business to Russia as opposed to Austria, Greece as opposed to Latvia. There are many factors which should be taken into account when choosing business locations, some more important than others but all factors should be considered equally before making a final decision concerning where to relocate, or indeed open another operating centre.

First of all it helps to have contacts in the local areas under consideration, especially those contacts who speak the local language as their mother tongue, a group of professionals all of whom know their way around the local business chamber, have connections who can search out the ideal premises and also help with completing the paperwork in order to obtain the biggest tax breaks.

Tax breaks! These are wonderful incentives offered by jurisdictions and/or local regulatory authorities to encourage inward investment to their particular area as opposed to some other deserving location; however, as good as tax breaks are they need to be carefully weighed against the local infrastructure. One needs to know that the communications logistics are sound, that there are easy access routes in and out, not just for suppliers delivering raw material but also getting the finished product dispatched to the customers. Then of course there is location close to national borders; how much potential benefit would there be locating a business as close to as many national borders as possible, and what is the long term potential for sustainable growth and continued prosperity.

These are just a few of the factors which need serious consideration prior to making any potential move anywhere in the world, but one of the most important factors which need to be considered is the potential local workforce, facilities for education and training and of course if some of your own staff are moving to the location for training the local workforce, what is accommodation like, is there schooling for their children (if any) and what, if any, would be the potential subsidies for housing.

The list is long, the headache is a thumper but as the owner or CEO of a business venture with potential scope for relocating to another country or continent even, these are just some of the essential factors which need to be considered and answers obtained before any decisions are made.

Business location factors can be discussed and answers obtained from the free to use and indispensable business-to-business resource that every company should turn to when deciding where to locate their business operations. Log on to the website of Locations 4 Business today, the address for all contact details and to start planning that potential move or relocation is http://www.locations4business.com.

by: John val

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