community and site selection. selecting a community favorable ______________ base financial...

Community and Site Selection

Selecting a Community

• Favorable ______________ base

• Financial ______________

• Labor _______________

• Population makeup– _________________ – small geographical

area used to gather information

Retail Business Considerations

• Number and size of _____________

• ___________ of competition

• Character of the area

• _________________ and traffic

Wholesale Business

• May not need high profile locations

• Access to ______________

• land

Manufacturing Considerations

• May need to be near resources

• _______________ laws

• Sources of ______________

• Major transportation routes

E-Business

• Can be located ______________

• ________________ connections

• Size of facility

Site Analysis

• Surrounding Area Analysis

• Building Evaluation– Interior and exterior

• Lease, Buy, or Build– Avoid ___________ outlay if leased– Reduce ______________ if leased– Tax deductible if leased

Alternative Sites

• Home business option

• Incubator option

Incubator

• An enterprise that is set up to provide flexible and affordable leases, office space, equipment, management assistance

• Set up by economic development agencies

• Costs are _________________

Physical Layout

Layout

• Floor plan or map that shows the arrangement of a business

• Intended use of space for business

• Must follow regulations– Zoning– ADA

Layout Planning Steps

1. Define _________________

2. Identify the primary and supporting activities

3. Access, arrangement, and flow between activities

4. Space _______________

5. __________________ layouts

6. Evaluate and choose

Manufacturing Considerations

• Production process

• Production sequence

• _______________ flow (I-flow, U-flow, L-flow, and S-flow)

• Control

• Environmental needs

• Space requirements

Types of Layouts

• _______________ Layouts – machines and supporting activities are arranged in a flow line

• _______________ layout – product is too heavy to move

• _______________ layout – grouping machines by function

Retail Layout Considerations

• Products to be sold

• Projected clientele

• Sales per square foot of selling space

• Sales value of area

• Product coordination

• Aisle exposure

Types of Layout

• __________ Grid - Crossing aisles

• Open Layout - Only outside walls

• ______________ Layout – individual rooms

• ______________Layout – combo of open and enclosed– Shows off creative displays

Wholesale Considerations

• Minimize in house travel

• Store related items

• Variety of storage space

• Assign space based on ease of handling and popularity

Finishing Touches

• Planning office space

• Charting equipment, furnishings, and supplies

• Detailing interior and exterior