My File Essay

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Characteristics of the Local Business Environment Unit 1 P5 Submission Date: Tuesday: 29th January 2014 Submitted by: Tutor: Andrea Bell Unit 1 – P5 Characteristics of the Local Business Environment Adwoa Agyeman, is 38, lives in Accra, and speaks fluent English. She runs a successful restaurant and three years ago she married an Englishman. Her husband’s parents are not well, so he wants to return to the UK. His family live in London, but Adwoa will need to be persuaded to move there. Remember Adwoa runs a restaurant 1. Briefly write down six reasons with examples in bullet points why London is a good place to do business. Refer to the following links: UKTI website The reasons why London is a good place to do business are: * London is a good place to do business is because they have resources, they have Facilities, and they have experience. * London is a good place to do business is because it is a convenient place and they have transport links. * London is a place with many tourists, so it could be good to make business here because people from other country will come and buy things from London businesses. * London is city which succeeds because when you start to run a business the business will work out, depending on what type of business it is * London is a city with many religions, cultures and people from different countries when people come to London and make business related to this, it will definitely succeed. * London can motivate individuals and colleagues. * London is a great place to train people to take the businesses forward Source: Google 1. List 2 laws and regulations that Adwoa would need to follow when running a business in the UK Laws and regulations The Laws and Regulations for running a business in the UK are: * Employment law. * Health and safety law. 2.

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