Darted

Business Location Optimisation

  • Overview: Developed a project during my first and second years of college, aimed at predicting optimal locations for physical businesses to enhance their chances of success.
  • Problem Statement:
    • With bankruptcy declarations in the EU at an all-time high since 2015 and 99% of businesses categorised as small or medium-sized enterprises, only 50% of small businesses survive beyond five years.
  • Research Insights:
    • Location significantly impacts operational efficiency, brand perception, and customer access. Selecting the right site can reduce job loss, environmental impact, and the risk of bankruptcy.
  • Goal:
    • To assist small businesses in gaining a competitive edge in an increasingly challenging environment by identifying optimal locations for establishment or expansion. The project envisions a platform where businesses can access relevant data, compare reviews, and analyse pricing against competitors.
  • Technical Implementation:
    • Utilised Google Maps API to process data, including reviews, accessibility, and general pricing metrics, to inform location decisions.
  • Presentations: