Business Retention and Expansion
Your community can retain businesses and encourage expansion by identifying the challenges facing existing businesses and determining opportunities for growth. We can help you develop, deliver and analyze surveys of local businesses to better understand their employment history, expansion needs and barriers to growth. Based on this information, we can also assist you in identifying specific actions and recommendations to strengthen local businesses.
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| Economic development marketing can help bring opportunities for jobs and housing to your community. |
Business Recruitment
Attracting businesses to your community is a critical component of economic development. We can help your community be more competitive by identifying ways to enhance your local business climate. We can provide valuable demographic information to entrepreneurs who are considering investing in LCRA’s service area. We also offer information and services to prospective employers looking to relocate to Central Texas.
Business Recruitment Readiness
This interactive program enables community leaders who are involved in business relocation visits or negotiations to fully understand the site selection process. Participants learn how to deal with prospects, develop a proposal, ask the right questions, conduct a community tour, discuss incentives and close the deal.
Financial Incentives and Due Diligence
It’s important to learn as much as you can about any company seeking to relocate to your community. We subscribe to Dun & Bradstreet’s corporate information services for the latest information on thousands of companies. Using data from this service, we can help you perform due-diligence evaluations and provide you with detailed financial and operational information on prospective new companies. This information can be used to determine appropriate financial incentives, if any, to offer prospective employers.
Target Industry Analysis
In business recruitment, communities need to target prospective new businesses that best match local strengths. Targeting companies and business sectors with long-term growth potential is vital to community success. We use the latest databases and contact information to provide communities with realistic recruitment targets along with marketing strategies to reach those businesses.