The Johnson County Economic Development Corporation (JCEDC) Business Development Task Force will host a Business Retention and Expansion Roundtable at 6:00 p.m. on Monday, March 12th in the Hallar Building, 101 W. 3rd Street, Holden, Missouri. This event was originally scheduled for February 13th but was rescheduled due to the weather. Area business and community leaders are encouraged to attend this Roundtable.
With space limited, reservations are required. Please provide your RSVP by March 8th to Judy Long, JCEDC, via email at firstname.lastname@example.org or telephone: (660) 747-0244.
JCEDC’s Business Development Task Force is responsible for the retention and expansion of primary employers in Johnson County through an effective Business Retention and Expansion (BRE) Program. While there are many parts to a BRE program, the central elements are understanding employers, understanding Johnson County’s business climate, identifying the needs of business and forming relationships.
“This is the second in a series of Roundtables that the Business Development Task Force is hosting around Johnson County. These open forums provide a great opportunity for the business and community leaders to come together to discuss issues and find mutual solutions to potential barriers,” said Richard Lloyd, Co-Chairman.
Most of a community’s job growth and capital investment comes from businesses already located there. Based on Blane, Canada Ltd.’s research, an urban/suburban community will average 76% of their growth from existing employers. A rural community is even more dependent on internal growth. Given this, business retention and expansion programs are one of the three core economic development strategies: business attraction, business retention and expansion, and community development.