In my corner of the state, a new organization, the Northwest Oklahoma Alliance, is trying to reverse the trends of decline. The stated goals are: Slow out-bound migrationDevelop employment opportunitiesIncrease employee earningsIncrease populationBuild of the “niche” of Northwest OklahomaExpand opportunities for Northwest Oklahoma Value Added businessesPromote Northwest Oklahoma to potential employers Sounds very good. The […]
Archives for January 2006
Ed Morrison Gets It
Ed Morrison, publisher of the EDPro Weblog, frequently covers Small Biz Survival issues, as well as a whole range of economic development issues. In a post on Saturday, he boiled it down to this: “…a major timebomb: an aging workforce, a brain drain of bright college graduates and in-migration of too few workers….” He was […]
Can you build a growing small business in a declining small town?
It may be possible to build a growing small business in the midst of a declining small town. If so, it will be because we worked together. The defining characteristics are: A small business, In a rural or small town setting, In a flat or shrinking economy and population. The challenges include: Pressure from competitors […]