Cummins UK :: Business Management Studies

Cummins UKCummins has numerous worldwide fixs spreading widely into eachcontinent. The European and Central Area Headquarters be located atIver in Buckinghamshire. The Global Headquarters atomic number 18 located inColumbus in Indiana (USA). A map to show the location of the Cumminsplant in Daventry is shown below. The location of the Daventry plantis in a central position 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 significantly lower in the Daventry district. Thecurrent unemployment rate in Northamptonshire is 1.7%. Before Cumminsdecided to primp up a plant in Daventry they should have looked at thevarious aspects Does Daventry have the qualified and skilled employees that Cummins need? Is the wage rate spirited in the Daventry area? Do we need to be near 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 trustworthy areas can gain by receiving grants. Thegovernment has sectioned the UK into Tier 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 factorsThere are a number of factors that affect the eligibility for grants.Location of your furrowEach of the countries of the United Kingdom has its own range ofgrants available.Some areas get extra grants due to social deprivation or highunemployment.Some grants are given by local authorities to help local businesses.Size of your businessYou 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) -roughly one with fewer than 250 employees.Industry sectorGrants are commonly targeted at industries that are economicallydisadvantaged.The government targets grants at industries they want to encourage.Grants rarely target retail businesses.Sales study increasingly attracts government grants, with anemphasis upon assistance to exporters.Grants are frequently targeted at manufacturing, farming and tourism.Businesses specialising in information technology and innovation areeligible for many grants.The purpose of the grantGrants are often awarded for a specific purpose such as purchasing