Economic Development and Time

Most communities have small staffs – usually one person; at best two. And budget size: fogettabodit… If you are the ED person, how does the pressure feel?  Yeah, I thought so. Intense. What have you done today to bring in a new company and/or help that expansion? As it was once said to me, “You only have 100% of your time.” And then of course, there is family time and other interests or needs in your life. YIKES!

So what is an ED professional to do? You could always take a time management class. Personally, I recommend the Franklin -Covey courses. In my opinion, they are the best. Okay, so now you’ve organized your time, the desk is organized and the question comes again: What have you done to day to bring in a new company and/or help that expansion?

What is the next step? Use the web. Automate. Your website is set up. Your community has spent a few thousand dollars on the website. It looks pretty cool. It is functional. Provides terrific information. Or does it? Did you know that 90% of site selection work is conducted via website searches? Did you know that:

  • 45% of users prefer to obtain permitting and fee information online
  • 55% preferred to obtain property tax information online
  • 57% preferred to obtain utility information online as opposed to contacting the community
  • 65% of respondents indicated that they were somewhat to very likely to go to a website showing cost comparisons during a business location project.

When was the last time you provided utility and tax information to a prospective client?  How much time did it take?  Did you have to go to another person for the information?  How long did it take for that person to get back with you?  Did the timeframe add to your stress level?  Yeah,  I am sure it did.

Now, let’s go back to that 90% figure.   Your website is the gateway for economic development information.   The vast majority of site selectors want to gather this information quickly and confidentially!  BARC provides what your market is  looking for  That is efficiency.  This returns productivity to your operation and customer service to your economic development customer.

Four Ohio cities have already purchased BARC.  Join the leaders in economic development.


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About Economic Development Data Services, Inc.

EDDS is a company focused on providing effective, efficient solutions for local governments in the areas of community and economic development and strategic planning. We offer the BARC - Business Assistance Recruitment Calculator - tool and website solutions in developing economic development websites. Our new website is www.econdevdataservices.com
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