“Unlike [incentives], a good, quality workforce doesn’t run out in five years or 10 years.” Shelby Mayor, quoted at the EDPro Weblog: Economic Development for Today’s Professionals While you’re there, read the Quotes of the Week. Here’s three to get you started. “We ought to be a place where a brilliant person with a great…
Rural small businesses face a big workforce challenge. We are dealing, right now, with issues that will hit big city businesses soon. Over at Small Business Trends, Anita Campbell has a report on the coming shortages in the labor market. My Small Biz take on this? We must grow and train our own people. The…
Feb. 8, 2006 – Community leaders and economic developers can learn more about innovative approaches to help existing businesses remain healthy and strong at a one-day workshop on Feb. 28. The “Taking Care of Business” workshop, presented by the Oklahoma Department of Commerce, will provide a close-up look at the solutions and resources communities are…
That quote is from a Namibia, Africa, news report, but it applies equally to small biz survival. “To take on the challenges and opportunities offered by a knowledge-based and innovation-driven economy, Namibians need to make a transition by changing and adjusting their basic attitudes, values and beliefs,” Minister of Education Nangolo Mbumba said…. In his…
Trying to grow your business in a declining area can put you up against a wall when it comes to recruiting local workers. Could you expand your recruiting outside your area with telecommuting? Ed Morrison has some great telecommuting links on the EDPro weblog. He says that “Reports in Europe indicate that between 15% and…
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…
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…
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