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FINAL REPORT POINT PLACE, (TOLEDO) OHIO BUSINESS RETENTION AND EXPANSION PROGRAMPrepared by: Joe License Assistant Professor and Extension Educator, Lucas County Ohio State University Extension and

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How to fill out business retention and expansion

01

Identify current businesses in the area

02

Conduct surveys to gather feedback and understand their needs

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Analyze the data collected to identify trends and opportunities

04

Develop strategies and programs to retain and expand businesses

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Implement the plans and regularly monitor progress

Who needs business retention and expansion?

01

Local government agencies

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Economic development organizations

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Business associations

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What is business retention and expansion?

Business retention and expansion refers to efforts made by local government or organizations to retain and expand existing businesses within a community.

Who is required to file business retention and expansion?

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The purpose of business retention and expansion is to support the growth and sustainability of existing businesses, thereby promoting economic development within a community.

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Information that may need to be reported on business retention and expansion can include employment numbers, revenue, industry sector, growth plans, and any challenges faced.

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