Suitable Relocation Site for Parkins Electronics

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THE RELOCATION
First Name MI Last Name
Course
Instructor
September 23, 2018

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The four alternative relocations positions include the following: Punchbowl, Randwick site,
Fairfield site and Pannant Hills. Each of the sites have clear variations from one another hence
their suitability are to be evaluated on such parameters. A suitable position for relocation of
Parkins Electronics can hence be recommended. The location of these considered alternatives
are different with notable states of the physical property.
An attribute refers to the way of measuring the performance of the different alternatives in
relations to the desired objectives which in this case is towards deciding on the suitable
alternative for the company relocation. The following attributes will be considered in
determining the suitable relocation site for the Parkins Electronics. They include:
I. State of the building
II. Cost of lease
III. Availability of parking facilities
IV. Availability of room for future expansion
V. Average travel time to work by car for managers and skilled workers
VI. Average travel time by public transport for managers and skilled workers to get work
VII. Time taken from nearest bus terminus/ railway station to work
Location Lease Cost Benefits
Working condition
Proximity to Work Availability of specific future expansion
Car Parking
By Car By Public transport
Proximity from Bus Station Proximity from Rail Station
Performance of each of the sites on:
I. Cost of lease
There's a ton to consider when you're renting a business space out of the blue. The
procedure can be convoluted, and various components could affect your last
decision. Cost of lease is likely the most imperative factor to most organizations
when they're picking another office. In the event that you spend pretty much
nothing, you'll either wind up with an office you're not content with, or you may

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end up moving out following a couple of months. Spend excessively, and you
may battle to pay the lease or need to move again to scale back. Neither of those
situations are perfect. Here are a couple of critical things to ask while considering
the amount to spend on your next office space: Would i be able to stand to pay a
multi month lease store on this office at the present time? Have I gotten some
information about any shrouded costs? (Support, additional expense of stopping,
and so forth.) Is this office estimated in accordance with comparative office
spaces in the territory? Question one gives you an exceptionally expansive sign of
moderateness and getting some information about shrouded costs causes you
secure yourself against being stung with charges you didn't anticipate. The third
inquiry is basically to ensure you're getting the most ideal arrangement.
Continuously complete a speedy correlation with different workplaces spaces in
the region to ensure you're getting an incentive for cash. The lease costs for the 4
alternatives are as follows in table 1. The constraint is marked at $1,000,000.
sites Cost in $
1. Punchbowl 500,000
2. Fairfield 700,000
3. Randwick 900,000
4. Pennant Hills 1,000,000
Table 1.
Value scale based on costs of lease is as shown in figure 1.
Value
100
70
35
0
Fairfield
Randwick
Punchbowl
Pannant Hills
Figure 1

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II. Location
Regardless of the nature of your business, before you start shopping for space, you need to have
a clear picture of what you must have, what you'd like to have, what you absolutely won't
tolerate and how much you're able to pay. Developing that picture can be a time-consuming
process that is both exciting and tedious, but it's essential that you give it the attention it
deserves. While many start-up mistakes can be corrected later on, a poor choice of location is
difficult-and sometimes impossible-to repair. In this case of a manufacturing company, you'll
require a plant or distribution center office. Light industrial parks commonly pull in littler
producers in nonpolluting ventures and also organizations that need showrooms notwithstanding
fabricating offices. Substantial modern zones have a tendency to be more established and ill-
conceived and typically offer rail and additionally water port access. In spite of the fact that
modern parks are by and large more up to date and frequently have better foundations, one may
likewise need to consider any free-standing commercial space that addresses applicable issues
and is satisfactorily zoned.
Punchbowl is located close to the railway station. This means that it is easily accessible by
clients and convenient for transportation of manufactured product to the market or retail joints
close to the rail network. Rail transportation is known of fixed time schedules hence reliable and
faster. However, rail may be inaccessible to some markets due to the flexibility of the rail
system, that is, fixed route design.
Randwick site is located on redeveloped commonwealth land. In such location, good network of
roads and adequate security could be guaranteed. But, such localities could be separated from
human population with restricted access hence may be unsuitable and unreliable.
Fairfield on generous land available. This indicates sparse population around such an area hence
proximity to the market or to supplies is potentially vast. In such locality, security may be an
issue. Availability of generous lands offers suitable environment for industrial use.
Pannant Hills is placed in park-like surrounds. This defines the area as suitable recreational spot
hence would be preferable for leisure activities. Such environment could have an effect on staff
morale. Also, locating a company in such a place would be subject to a lot of strict
environmental regulation to ensure human safety hence need for additional costs such as waste
treatment and disposal costs.
Based on the above analyses, the value scale based on site location will be as in figure 2.