Have you ever wondered what your competition is doing? Do you dream of what you want your organization to become? We can help you find out!
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.
Gathering & Analysis
Findings & Support
Through our team’s deep understanding of how policy improvements at the state and local level can improve a jurisdiction’s competitive positioning, Boyette has recommended policy changes in many cities/counties/states that have resulted in major economic development success stories. Boyette will provide recommendations on policy improvements for your jurisdiction based on the findings from the Competitive Analysis allowing you to ensure economic development success for the long-term future.
When time is more valuable than money, Boyette can thoroughly analyze the competitive position of any market and articulate the pros and cons more quickly and with more flexibility than most large firms. Contact us today and learn more about our Competitive Analysis services.
“Taxes are what we pay for civilized society.”
Oliver Wendell Holmes, Jr., U.S. Supreme Court Justice