The Business of Communities

This is the topic of a presentation I gave to a number of communities, and from the feedback I received, it was needed and stimulated the right thinking.

The presentation introduced 7 common location considerations that businesses looking at possible new locations use in their evaluation.

1. Land availability and service capacity/status.

2. Land costs.

3. Location advantages (Access to transportation and markets).

4. Infrastructure and Utilities (What are your limitations?).

5. Labour pool.

6. Quality of Life 

For staff who may need to relocate.

7. Incentives

While my presentation introduced these important factors, it went beyond location fundamentals and asked attendees to spend time considering their area’s competitive advantage and 4 strategies to develop their labour pool.

 1. Retention and Student/Industry Engagement.

2. In-migration.

3. Immigration.

4. Senior/Retired Population Integration.

If you feel your economic development efforts could use a boost from an approach that combines the fundamentals of business with the dynamics of community, we should talk.

Contact Me

Reach out and let’s see if I can help your community get into better business shape.