Cummins UK :: Business Management Studies

Cummins UKCummins has many worldwide locations spreading widely into distributivelycontinent. The European and Central Area Headquarters be located atIver in Buckinghamshire. The Global Headquarters atomic number 18 located incapital of Ohio in Indiana (USA). A map to show the location of the Cummins appoint in Daventry is shown below. The location of the Daventry plantis in a central set up in the country and is close to motorways,train-stations, and an International Airport (Birmingham). This makesit ideal for products and materials to be delivered and distributedthroughout the country and onto other countries. The majority ofCummins employees are from Daventry. The unemployment level is 4.8%nationally, it is importantly lower in the Daventry district. Thecurrent unemployment appraise in Northamptonshire is 1.7%. Before Cummins unflinching to set up a plant in Daventry they should have looked at thevarious aspects Does Daventry have the qualified and skilled employees that Cum mins need? Is the wage rate high in the Daventry area? Do we need to be border on our customers? How much will it cost to set-up and keep running the plant in the Daventry area?Below is a map to show the location of Cummins in Daventry. It showsthe surrounding roads which can be important to the location of apremises.Businesses set up in certain areas can gain by receiving grants. Thegovernment has sectioned the UK into grad 1 and Tier 2. Tier 1 is thesection in most need of grants because of high unemployment, lowerearning levels. Tier 2 is the areas are more local areas of thecountry.Grant eligibility - the main factors on that point are a number of factors that affect the eligibility for grants.Location of your barter each(prenominal) of the countries of the United Kingdom has its own range ofgrants available.Some areas get unembellished grants due to social deprivation or highunemployment.Some grants are given by local authorities to help local businesses. size of your bus inessYou may only be eligible for some grants if your business is aparticular size, measured either by turnover or the number ofemployees.Many grants are limited to small or medium-sized enterprises (SMEs) -well-nigh one with fewer than 250 employees.Industry sectorGrants are commonly backsideed at industries that are economicallydisadvantaged.The government targets grants at industries they want to encourage.Grants rarely target retail businesses.Sales development increasingly attracts government grants, with anemphasis upon assist to exporters.Grants are frequently targeted at manufacturing, farming and tourism.Businesses specialising in information engineering and innovation areeligible for many grants.The purpose of the grantGrants are often awarded for a specific purpose such as purchasing