With over 50% of the U.S. working population employed by small businesses, prioritizing local development is worth any initial investment. While it can seem like a daunting task, with the right team and organizational skills, any local government can begin taking steps to gradually improve their community’s economy and general quality of life. Whether you are a business owner or a government official working alone or with an economic development corporation, consider these tips to get you started.
- Collect Data and Use It
It may be obvious, but make sure that your economic development plan includes numbers and statistics. Do an initial assessment, se