Many political factors have an influence on the business community, ranging from the philosophy of the governing party to political responses to economic trends. When government leaders and agencies set policies, they st... More »

A political factor is an activity having to do with government policy and its administration that has the potential to change or influence a business. New legislation is one example of a political factor because it can i... More »

Environmental factors are external factors that can't be controlled by a business, according to the Houston Chronicle. These factors fall into several categories, including socioeconomic, legal or ethical, political and ... More »

Opening a bar business requires studying bar industry trends, targeting a specific customer demographic, and understanding state laws and regulations for operating a bar. Create a business plan for your bars so you have ... More »

Internal and external factors influence the function of a business and comprise its environment. Examples of internal factors include the company's products, employees and marketing. External factors include competitors,... More »

As there as many different factors to consider when purchasing a business, there's no fixed or ideal price to pay. Making an offer for a business is an exhaustive process because there's much research needed to be comple... More »

Environmental factors are external factors that can't be controlled by a business, according to the Houston Chronicle. These factors fall into several categories, including socioeconomic, legal or ethical, political and ... More »