Various factors should be considered while selecting the location for office. Nature of business, nearness to customers, availability of infrastructure and resources, cost, environment, government law etc, are the main factors that affect selection of office location.
The following factors should be considered while selecting office location:
1. Nature of business
The nature of business affects location of office. Office of manufacturing business in located near the source of raw materials, labor and service facilities. Office of trading and banking business is located in commercial centers near the customers. Office of perishable goods business is located near the market for such goods.
2. Nearness to customers
The office should be accessible to customers. They do not like long distances to make business inquiries. The office should be accessible to other parties who are in regular contact.
3.Nearness to related business
It is desirable to locate the office near the offices of related business.
The infrastructure should be available in office location. It consists of transport, communication, power, water and parking facilities.
5. Availability of human resources
Needed human resources should be available for office. They can be skilled, semi-skilled and unskilled. Civic amenities should be available for employees.
6. Environment
Environment is another factor that affects the selection of office location. The office location should have healthy environment. It should not be near polluted rivers or waste disposal sites. It should be free from noise, dust and pollution.
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7. Cost of space
Sufficient space should be available at reasonable cost for the office. Space should be available for future expansion.
8. Government laws
The selection of location should comply with government laws and regulation at national and local levels.
