Britain had all the natural resources it needed to fuel the Industrial Revolution. Coal, iron, wood, cotton, and the like were abundant.
Even though they had the resources, they had no good way of transporting them.
Therefore, businesses were highly based on region. The lumber and textile mills were on the waterways for easy access to power. The steel mills and the coal mines were close together, also on the water. Since there was no good way of transporting goods, industry couldn't occur in other places.