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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
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
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
doesn’t only have negative effects but also Carly: it is necessary to consider the menu or the
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’
the customers of the competitors and use it as a 7. There is no exception with regards to
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,
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.