please list FIVE key takeaways from the class that connect with your learning and discuss one in detail.. The topic is Location Plan

The Importance of the Location Decision

Brick-and-mortar facility - The traditional physical facility from which businesses have historically operated.The importance of the initial decision as to where to locate a brick-and-mortar facility is underscored by both the high cost of such a place and the hassle of pulling up stakes and moving an established business.Also, if the site is particularly poor, the business may never become successful, even with adequate financing and superior managerial ability.The choice of a good location is much more vital to some businesses to others.-Example: The location decision for an apparel store would be much different than the location decision for a painting contractor's office.

Five key factors guide the location selection process:

.Customer accessibility.

.Business environment conditions.

.The availability of resources.

.The entrepreneur's personal preference.

.Site availability and costs.

Learning Objectives:

• Describe the five key factors in locating a brick-and-mortar startup.
• Recognize both the attraction and the challenges of creating a home-based startup.
• Understand the potential benefits of locating a startup on the Internet.

1. Identify and list five distinct takeaways (your points will be deducted if you list less).

2. Focus on one takeaway and provide details about it from the chapter topic ( Location Plan).

3. Finally, combining that learning from a current WSJ news item that is recent ( provide the link to the referred news item/case)