Get the free 2008-2009 Business Retention and Expansion Project - thunderbay

This document outlines the findings and action plans from the Business Retention and Expansion (BR&E) project conducted by the Thunder Bay Community Economic Development Commission (CEDC) to identify

How to fill out 2008-2009 business retention and

How to fill out 2008-2009 Business Retention and Expansion Project

1. Gather necessary business information such as business name, address, and contact details.
2. Identify key stakeholders or team members responsible for the project.
3. Collect data on current operational status, including number of employees and revenue.
4. Fill out the project application form, ensuring all sections are completed accurately.
5. Provide details on the support or resources requested from the program.
6. Include project timeline and milestones that align with the objectives of the Business Retention and Expansion Project.
7. Review the application for completeness and accuracy before submission.
8. Submit the completed application to the relevant authority before the deadline.

Who needs 2008-2009 Business Retention and Expansion Project?

1. Local businesses seeking to expand or retain their operations.
2. Economic development agencies looking to support local business growth.
3. Government entities interested in improving regional economic stability.
4. Business owners experiencing challenges that may affect their longevity and workforce retention.

People Also Ask about

What is the business retention and expansion strategy?

At its core, BRE is a proactive economic development strategy focused on supporting and growing existing businesses within a community.

What is the expansion strategy of a business?

An expansion strategy is the business's approach to attaining this growth, such as expanding a customer base, offering more products, improving profit margins, growing brand presence, or obtaining more online or brick-and-mortar commerce locations.

What is a business retention?

Definition of Retention in Business In the business context, retention refers to a company's strategies and practices to keep its existing customers over time.

Why is business retention and expansion important?

The retention and expansion of local businesses can: Keep or increase jobs. Preserve or increase the local tax base. Increase local property values. Increase confidence in the local community as a place to invest.

What is the difference between retention and expansion?

The main goals of business retention are to provide assistance with issues that could force a company to fail or close, and to prevent companies from relocating to a new community. The main goal of business expansion is to help businesses grow!

For pdfFiller’s FAQs

What is 2008-2009 Business Retention and Expansion Project?

The 2008-2009 Business Retention and Expansion Project is an initiative aimed at supporting local businesses by assessing their needs, identifying challenges, and providing resources and strategies to enhance their growth and sustainability during that time period.

Who is required to file 2008-2009 Business Retention and Expansion Project?

Businesses that are part of the project framework, usually those receiving assistance or participating in retention programs, are required to file the 2008-2009 Business Retention and Expansion Project.

How to fill out 2008-2009 Business Retention and Expansion Project?

To fill out the 2008-2009 Business Retention and Expansion Project, businesses should complete the provided forms detailing their operations, challenges faced, financial data, and any assistance they require, and submit them according to the guidelines specified by the project coordinators.

What is the purpose of 2008-2009 Business Retention and Expansion Project?

The purpose of the 2008-2009 Business Retention and Expansion Project is to improve the economic vitality of local communities by providing necessary support to businesses, ensuring their success, and preventing closures or relocations.

What information must be reported on 2008-2009 Business Retention and Expansion Project?

Information that must be reported includes business demographics, employment data, financial performance, operational challenges, resources needed, and any measures already taken to address issues affecting business performance.