regional business retention presentation 03-08-12
DESCRIPTION
Presentation given at the third REgional economic Development Summit held on March 8, 2012 in Laughlin, NV.TRANSCRIPT
Building Bridges to BusinessesBuilding Bridges to Businesses A REGIONAL OUTLOOKA REGIONAL OUTLOOK
2011-20122011-2012
C O L L A B O R A T I O N – I T ‘ S A W I N C O L L A B O R A T I O N – I T ‘ S A W I N N E RN E R
• Launched in 2007
• 40 businesses in Laughlin and 40 Businesses in Bullhead City over the last six months
• Synchronist software program
• Collaboration = Success!
“B3 Regional Outlook”Overview
Margins and Sales
Region
Expansion/Renovation Plans
Plan to Expand / Renovate in Next (3) Years
Expand17%
Renovate17%
None66%
Laughlin
Region
Bullhead City
Trade Area/Frequency/Age
Region
C O M M U N I T Y S E R V I C E SP O L I C E A N D F I R E
Region
Ambulance / Paramedic Service
1
0%
2
0%
3
0%
4
4% 5
15%
6
35%
7
46%
Health Care Services
1
19%
2
19%
3
33%
4
15%
5
7%
6
0%
7
7%
Region Bullhead City Laughlin
Region Bullhead City Laughlin
C O M M U N I T Y S E R V I C E SH E A L T H C A R E
Community Services: Public Transportation
10%2
0%3
0%4
15%
519%
630%
736%
Region
Bullhead City
Laughlin
C O M M U N I T Y S E R V I C E SP U B L I C T R A N S P O R T A T I O N
Community Services: Child Care
134%
218%
324%
418%
50%6
0%
76%
Region
Bullhead City
Laughlin
C O M M U N I T Y S E R V I C E SC H I L D C A R E
C O M M U N I T Y S E R V I C E SR E G U L A T O R Y E N V I R O N M E
N T Regional Satisfaction
Ratings
BUSINESS SATSFACTION RATINGS:
1 lowest and 7 highest
Electric and Other Utilities: Above Average
Cell Phone Service: Average
Internet Access: Region 55% above 5
Internet Speed: Region 44% above 5
C O M M U N I T Y S E R V I C E SU T ILI T I E S, C E L L , A N D I N T E
R N E T
Community's Infrastructure Adequate for your Company's Growth Plan
Yes77%
No23%
RegionLaughlin
Bullhead City
C O M M U N I T Y S E R V I C E SI N F R A S T R U C T U R E
EducationCommunity/Technical College
Community Services: College(s) and University
172%
218%
30%4
0%5
0%
65%
75%
Region
Bullhead City
Laughlin
EducationCollege / University
Region
Bullhead City
Community Services: Community College/Tech College
145%
217%
30%
417%
517%
64%
70%
Laughlin
Community Services: Schools K-12
10%2
0%3
0%4
32%
518%
627%
723%
EducationK-12
Region
Bullhead City
Laughlin
Workforce Availability and Quality
Region
Workforce Projected Need / Drive Range
Region
Company Advertising / Promotion Budget
Increasing30%
Stable59%
Decreasing11%
None0%
Marketing/Promotions:Average Budgets
Region
Bullhead City
Laughlin
Company Invest Time/Money in a Cooperative Marketing Effort
Yes40%
No60%
Interest in Cooperative Marketing
Region
Bullhead City
Laughlin
HAVE A NICE LUNCH