Table of Contents:
location, location, location
Picking the right location is key to success. How do you do it?
International site selection
Guidelines to FDI
1. Low level of corruption needed
2. good regulatory quality
3. Tax reasons taxation
4. Sound macro economics
5. Large investments in infrastructure projects
6. Business clusters - how multinational corporations choose a location
7. Home grown development vs. Multinational corp FDI
8. Local examples:
9. Attracting financial portfolio money
10. Attracting "do-gooders"
11. Free trade Zones (FTZ's)
- zones that allow duty free and encourage exports
12. Free trade agreements such as NAFTA, and other trading blocs. see
Factors to consider:
- Econometrics & Cycle Forecasts
- Residential Demographics & Trends
- Lifestyle Demographics
- Daytime Population & Employment
- Social Class & Shopping Patterns
- Consumer Expenditures
- Syndicated Consumer Research
- –Simmons, MRI, Gallup, etc.
- Primary Consumer Research
- Business Info
- –By SIC Code
- –By Employee Count
- –By Annual Sales Revenue
- Shopping Center Info
- –Key Anchors
- –Primary Stores
- Geographic Info
- –Points (e.g. Sites & Associated Info)
- –Lines (e.g. Streets, Highways & Traffic)
- –Polygons (e.g. Block Groups)
How to evaluate a building as a potential site:
- Site Type
- Site Orientation
- Accessibility
- Signage
- Vacancy Rate
- Business Compatibility & Retail Mix
- Architectural Compatibility
- Age Of Surroundings
- Quality Of Area Housing
- Maintenance & Appearance
- Parking
- Traffic & Street Conditions
- Environmental Assessment & Impacts
- Security & Safety
Analysis Tools:
- Trade Area Modeling
- –Drive Time & Walk Time Analysis
- –Thiessen & Other Competitive Analysis
- –Market Rings
- –Distance Decay
- –Gravity Modeling
- Predictive Modeling
- “Find Similar”
- Thematic Mapping
- Reporting
Where to find the data:
popular vendors of demographic data are:
1. Claritas
2. ESRI
3. mapInfo
read more about GIS (geographic information systems): http://en.wikipedia.org/wiki/Geographic_information_system
How to evaluate them:
- Transportation
- Labor Characteristics
- Utility Considerations
- Tax Burdens
- Investment Incentives
- Business Climate
- Environmental Regulations
- Property Availability
- Support Services
- Quality of Life
Facility/Site Location Services
- Determine Favorable Geographic Area for New Operation
- Incentive Negotiations
- Establish Local/Regional Operating Costs
- Perform Distribution/Logistics Network Analysis
- Identify Available Sites and Existing Buildings
- Perform Community/Site Screening
- Evaluate Labor Quality and Availability
- Review Site Characteristics/Conditions
- Assess Impact of Air Quality and Clean Water Regulations on Local Operations
- Evaluate Transportation Access and Service Characteristics
- Determine Rail Service Reliability/Quality/Cost
- Evaluate Access to Telecommunications Network
- Evaluate Water/Wastewater Services
- Assess Electric Power and Natural Gas Reliability and Quality
- Evaluate State and Local Development Incentives
- Assess Community Reception/Political Issues
- Establish Site Development Costs
- Perform Lease/Purchase Negotiations
- Perform Pre-Acquisition Due-Diligence
- Review Zoning Ordinances/Building Codes
- Coordinate Environmental Audit/Soils Testing/Boundary Survey/Title Search
- Develop Timetable for Approvals
- Perform Preliminary Planning/Budget Projections
- Establish Project Scheduling
Links:
Kookyplan links:
External links:
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