Geographical Location Selection for Entrepreneurs

Abstract

Selecting a suitable location to set up any business is a challenging task. Different types of factors must be taken into consideration for every type of business and not to forget the manual labour that goes into collecting the data for the parameters considered. This study presents an efficient system for knowing the probability of profitability of a location based on the type of business to be established. The methods explored include Analytical Hierarchy Process (AHP) and Machine Learning (ML).