Question

what are some of the most basic and important things that you will need to help make your furniture factory successful? think about things like resources, labor, and transportaton.

Answer 1

• Capital - You'll obviously need money to begin a business with. Under this point there is also machinery and equipments.

• Land - In order to start any business you need to have land to build the business on. You'll also need an urban area where there is plenty people, so that you can get sales. It also includes all natural resources found on Earth, Seas and Air. For example, water, gold, etc.

• Labour - Includes any human effort - mental or physical - that contributes to production for which payment must be made.

• Enterprise - Business owners aim to produce goods or services that customers are hopefully going to be prepared to buy so that the business makes a profit. This is the main factor of production.

HOPE IT HELPS.