Though our Competitive Analysis services, Boyette can work with state, regional and local economic development organizations to understand and enhance their competitiveness. This review can focus on competitiveness factors, including general demographics, tax cost, incentives, real estate availability and cost, labor cost, regulatory climate and permitting, as well as workforce development services and economic development processes, among other areas.
Therefore, not only would Boyette review the competitiveness factors of your jurisdiction as part of the Competitive Analysis, but would also review and consider those same factors for your competition so at the end of the day, you would have an in-depth understanding of how your location compares from an economic development competitiveness perspective.
Related to tax cost and incentives, Boyette can also utilize its proprietary tax costs and incentives model to assess your jurisdiction against its competition utilizing mock projects in different business/industry sectors to be identified. This model/models would have the effect of giving you a thorough understanding of your jurisdiction’s strengths and weaknesses from a tax cost and incentives perspective.
The data and information gathered will be summarized into a narrative and a side-by-side comparative chart depicting the strengths and opportunities of your geography against the other selected geographies.