Yes, location indeed is the heart of your business. It is where you put in the impure blood in the form of raw material, skilled human resource and good management and pure blood in the form of finished product, proficient human resource and dextrous management pumps out.
Location can make or break a business. You choose a wrong location and every ounce of hard work you put in will go futile. Choosing a perfect location will involve many intricacies to be looked into. Some of them are
Market: The most important factor is market. Market has to be close enough to reduce the transportation charges.
Labour: Some industries are location specific.
Because of years of working with same types of industries the labour from that location or area tends to be more efficient in that particular industry.
Land: Availability of land is also vital as you will need land to set up the factory or office.
Raw material: Raw Material has to be easily available or cheaply attainable. The transportation cost on procuring the raw material should be minimal.
Government benefits: The European regional funds and the UK government provide some subsidies to particular locations. So that can be a decisive factor as well.
United Kingdom as a country gives various opportunities for location specific industries. It is home to some of the most important industries. Geographically UK is divided into twelve regions:
London: It is one of the most influential cities of the world. It is home to many prominent people in the world as well as the leading media house BBC. It is the commercial and financial and political capital of UK.
Wales: Wales is also an important financial hub of UK. It is famous for the Cola industries of Cardiff. It is an industrially advanced region of UK.
Scotland: Scotland is known for its noteworthy ship building industry in Glasgow. Coal Mining and Steel industries are also prominent. Whisky from Scotland is well known worldwide.
Northern Ireland: The popular industries in this region of UK are Ship building, rope manufacturing and textile. They contribute a lot to the economy.
Southwest: It is famous for its Cheddar cheese. There are Tin mines in Cornwall and Clay quarries in Devon. The car giant Honda has a plant in Swindon. Other industries like engineering, ship building, electronics and food processing are also flourishing in the UK.
Southeast: The Light industry of the southeast is quite renowned. There is an oil refinery in Fawley, hover craft factories in Isle of Wright, Nuclear Plant in Dungeness. Kent is known as the Garden of England for its apple farms. Lamberhurst has some great vineyards. Farming is quite prominent in the southeast.
East Midlands: Nottingham produces some of the best qualities of lace. Leather and shoe industry are prominent in Northampton. The clay beds of Bedfordshire are perfect for the brick making industry.
West Midlands: Birmingham from the west midlands of England is known as the “city of 1001 trades”. Coventry is the birthplace of bicycle and still is the largest bicycle producing region. A few other locations are Stoke-on-Trent for Ceramic industry, Vale of Evesham for farming and the Derbyshire Dales for sheep farming./>
East: The regions of Suffolk, King’s Lynn, Cromer and the Norfolk Village are acclaimed for the fishes available here. Other well known locations are Tilbury for Ship building, Oil refineries at Canvey Island and the farmlands of East Anglia.
Northwest: The prominent industries in this region are Spinning, Weaving and Farming. It is home to the famous Cheshire and Lancashire cheese.
Northeast: This is a very bleak and rugged region which facilitates sheep farming. The Kielder forest has a rich resource of Timber. Salmon fishing is a sought after business along the banks of rivers like Eden, Derwent, Tyne and Tweed.
Yorkshire and Humber: Sheffield has a few silver and steel industries. Dales gives the world the Wensleydale and Swaledale cheese.
Now that you know the locations and the industries they succour, you can very well select the perfect location to start off your business and see it flourish.
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