There are too many factors to consider when choosing the right location for a new project. Our point of view is that close to your potential customers is the priority factor among all the others. The only exception is probably software companies that can sell by internet downloading.
Here is a Check List that might be helpful when you want to make a decision in choosing the right city to start your new company.
| Factors | Weight | City 1 | City 2 | City 3 | City 4 | City 5 | City 6 |
| Transportation: highway accessibility, railroad service, airport, waterway or ocean port accessibility | |||||||
| Efficiency of Government Bureaus | |||||||
| Telecommunications services | |||||||
| Energy (Electric Power and Gas) availability and reliability | |||||||
| Human resources: availability of skilled worker, technical training programs | |||||||
| Nearness to major customers | |||||||
| Nearness to suppliers (availability of raw materials) | |||||||
| Nearness to technical university | |||||||
| Industrial Cluster | |||||||
| Environmental Regulation | |||||||
| Bank loan availability | |||||||
| Low crime rate | |||||||
| Quality of life | |||||||
| Costs: | |||||||
| Labor | |||||||
| Land/Office building | |||||||
| Raw material | |||||||
| Energy and water | |||||||
| Transportation | |||||||
| Infrastructure | |||||||
| Local government incentives/subsidies /tax exemption | |||||||
Every [project has its uniqueness. May be not all of the above factors are optimistic, so you will have to weight among the factors and make your own choice.
