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All: Goodmorning Fiona: Location preference is one of the factors

Erika: I am Erika Pagador that may increase the income of the business. For
Fiona: I am Fiona Reyes instance, when a business like an eatery is located
Carla: I am Carla Po at a convenient area like near school or in highly
populated places, the tendency is that more
All: and we are here to present our study entitled customers would go in resulting the business to
“The effects of the Location to the Income of the increase its income.
Eateries along Maginhawa Street”
SIGNIFICANCE OF THE STUDY
BG OF THE STUDY Erika: The study would be beneficial to the People
Erika: Business is an organization that sells goods who are interested in starting up a business. In a
and services. According to investopedia Owning a way that they would already have insights
business is beneficial since it supports the financial regarding the factors affecting one’s business and
needs of an individual. Also, having a business may be used by them in the future as their
may be more satisfying to a person as they do not reference.
work for anyone. On the other hand,
Microenterprises are the small businesses. A good Fiona: The researchers believe that the study
example of microenterprises is an eatery where would be beneficial on the business community by
people can be served food. Usually, the owners of gaining an insight on the relevance of location on
the eateries are the ones personally managing the the success of the business.
business and its operation. Doing so makes them
know every detail of their business thus can give Carla: this study would also be of help to the
more insightful information regarding the study owners as they should be careful when locating
being conducted. their business to different branches. Through this
study, they would be informed of the factors to
Carla: Location is one important factor when one is consider when one is going to locate a business.
planning to put up a business as it could determine
whether the business would be successful or not. It Erika: *employees* this study is alzo beneficial to
is necessary for business owners to have a good the employees since they also know the
plan on where exactly would they establish their background of the business that they are currently
business because when it is not properly planned, in. They would gain a deeper understanding of
re doing the process would be risky and costly to how certain factors affect the business With the
do. use of the insights from this study, they will be able
to add up or give necessary suggestions for the
improvement of the business in which in turn would Carla:the researchers also intend to know the
keep them employed. factors that the eatery owners consider when they
are looking for a business location

Fiona: The future entrepreneurs would be aware of CONCEPTUAL


the factors to consider in setting up a business as Erika: these are the factors that the owners
well as the possibilities and opportunities to make considered when they are looking for a good
them succeed in their business. location. first the site where the business will
operate it must be a good location where in the
RESEARCH PROBLEM place is accessible to many. So that the customer
Erika: Nowadays, there is an increase in number of would not have a difficulty to go there. Thus, they
food establishments along Maginhawa Street. must have an enough resources to establish a
Moreover, Maginhawa Street is saturated with food business. (resources such as financial , supply
establishments.
Fiona: Second, business owners must look for a
Fiona: The researchers want to know if the location place that is highly populated to make it more
affects the income of the eatery. visible to potential customers, and has high foot
tract to expose the business to the people passing
Carla: Specifically, if it increases or decreases the by. Also, a place having better quality of different
income rate of a business infrastructures that surrounds the business to
make it more attractive to customers as well as
investors. Having the mentioned characteristics will
RESEARCH QUESTION lead the business into having higher income.
Erika: to answer the problem the researchers
formulated questions regarding the aforementioned Carla: Lastly, the main location costs and
study. (to gain some insights) Thus, the expenses spent in a certain location must be taken
researchers aims to know if the location affects the into account. The location cost of the business
income of a business affects its asset since the amount of expenses
increases. In addition, having high expenses
Fiona: Also the researchers seek to know the hinder the business from generating higher income
benefits of having a business that is located in in a way that the income gained will be lessened
Maginhawa Street by the expenses disbursed (spent). Moreover, to
operate a business one must know how to spend
their money wisely on good location.
6. The eatery owners have difficulty regarding
METHODOLOGY parking spaces and robbery incidents.
Erika: the researchers conducted a face-to-face
interview with the eatery owners. Interview was Fiona: Maginhawa Street is a perfect place for
conducted to gather the necessary data for the businesses as it gives many opportunities and
research study. benefits for business firms especially those that are
related into food. It gives benefit and opportunities
Fiona: We had a total of four interviewees which in such way that it is located in an accessible and
are the owners of the eateries and restaurant along well-known area as well as it is a highly populated
Maginhawa Street. We’ve chosen them as our place with good infrastructures.
respondent since they are the ones most
knowledgeable about their business and its Erika: most of the business owners look for a
operations. place that is highly populated, high foot traffic,
surrounded by many infrastructures. ( according
Carla: Interview was chosen as our data gathering to our respondents mr. tapsilogan he stated
procedure to have a face-to-face interaction with that When they look into potential location they
the interviewees and so that follow up questions look into what they call market generators like
may be asked when necessary. schools, call center, hospitals and even bars.)
By the presence of people walking by they can
gain some potential customers since the food
FINDINGS establishment is visible.
1. Maginhawa Street gives many benefits and
opportunities for business establishments. Carla:the location definitely has a direct effect on a
2. Ideal business location for eateries are those business, specifically to its success or failure
places that are accessible, highly populated, because the location could indicate whether there
has high foot traffic and are surrounded by would be an increase or a decrease in the income
different infrastructures. of a business. According to our respondents
3. Location increases or decreases the income Ms. Kape, it is important to consider the location
of a business. when one is planning to put up a business
4. The reasons why they chose to run an eatery because it could affect the income of a business in
varies. a way since it comes with rent, utilities etc. this are
5. The target market of the eateries were the computed for your store expenses which you must
students studying near them. consider for your pricing. According to
Respondent Mr. Tapsilogan, He agrees because
according to him, when you put a restaurant or an Erikz:Having a business surrounded by different
eatery in a place where people dont usually go to,
establishments can result in earning higher income
then more or less there is a big chance that your
since there are already potential customers
restaurant or eatery would not be visible to the
customers which will make the income of your nearby. Most probably, these people will tend to
business decrease.
eat somewhere near their area. So if the business

is located near market generators, the chance of


Fiona: The reason why the respondents chose to
run an eatery as their business varies from two having higher income will be greater.
different bases. (Respondent mrs. pancit
mentioned her passion for cooking) One is
2. Locating the business’ branch at different
because they have the passion for cooking and
(respondent mr. tapsilogan mentioned that it areas avoid market saturation, thus, income is
was their family business since then) the other
not divided but increased.
is because it was a family business.
Fiona:Establishing the branch of the business at

Erika The location of the business greatly affects two different places avoids market saturation. Not
its income. Choosing a place that is not fit for the
only does it avoids market saturation but also
business type can have a negative effect on the
exposes the business to different people. Doing so
business. Thus, it will not flourish and there would
not be a difference in the income. will make the business be more known and more

potential customers may follow. But if the owner


Carla: there is a significant relationship between
fails to establish the business at different areas, it
the income and the location of a business as the
location could indicate whether the business would is more likely that the business will divide its
have an increase or a decrease in the income.
income and saturate the market.

CONCLUSIONS
1.Higher income is gained when the business 3.Expenses are lower when the business is

is near market generators like schools, near the supplier. Therefore, income is higher

markets, hospitals and other business since expenses are lesser.- carly

establishments. Carly: having a business located near the supplier

could result to having higher income since there


would be lesser expenses as they would not need just right for the budget of their target customers to

to pay for transportation expenses compared to gain higher income.

when a business is located far from the supplier.

6. Menu that is served by the business must be

4. Having competitors near the business appropriate to the target market.

doesn’t only have negative effects but also Carly: it is necessary to consider the menu or the

positive ones. food choices of a business. The menu should be

Erikz: The presence of competitors do not only suitable for the target market since they are the

have negatives effects if it will be used people who are expected to buy the business’

strategically. One strategic way is to benefit from products or food.

the customers of the competitors and use it as a 7. There is no exception with regards to

way of advertising your business. When people go experiencing difficulties in a business.

near your business, there is a big possibility that Erikz: All businesses encounter problems since no

they have seen your business too. Thus, they may one is free from having an obligation. Each

be intrigue about the products offered in your business experiences difficulties that varies from

business and may go there in the future. different aspects and factors such as robbery,

shortage of supplies, and parking space. Even if

5. Setting prices too high for the target market the location of the business is planned wisely, the

in the present business’ location affect the chance of encountering difficulties will still be

income of the business negatively. present, may it be inside or outside the business

Fiona: When setting prices for the products offered operation. Commented [1]: joke what not sure AHAHHAHAH
Commented [2]: halaaa salamaaaaatzzz
in a business, the owner must not aim for high Yung inside ibig ko sabihin like sa mangement

prices but rather aim for right ones. Setting prices basta yung nakadepende sa mismong business

to high for the target market has a negative effect yung outside yung mga customers or mga bagay

on the income of the business. The prices must be na di na nila control huhu gets mo ba Commented [3]: GETS MO BA
RECOMMENDATIONS effects of location to a business since this would
help them in their planning stage in the future.
Erika: - we recommend this study to the people
who are interested in setting up a business need to
be observant to the different factors affecting the
location so that they can apply in in the future
when they are decided to run a business. Also,
they are recommended to have preventive
measures as well as come up with possible
solutions ready for implementation for future use in
their business.

Fiona: - they are recommended to be aware of how


location could affect a business and should also
set their goals to be more competitive to the
business world.

Carly: OWNERS - we recommend this study to the


owners as they could get information about the
factors to consider when they are to locate their
business in different branches.

Erika: EMPLOYEES- we also recommend this


study to the employee since they are involved in
the business they work in they will know how
certain factors affect the business they are
currently employed in. A stable business means
having a stable source of income. Thus, they must
be as concerned as the owners as much as
possible in keeping the business secured.

Carly: FUTURE ENTREPRENEURS - as early as


now, they are advised to keep in mind the possible

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