Digital Edition

May 14 2018

Issue link: https://jocdigital.uberflip.com/i/977094

Contents of this Issue

Navigation

Page 58 of 71

May 14 2018 | The Journal of Commerce 59 www.joc.com SPECIAL ADVERTISING SECTION OF THE JOURNAL OF COMMERCE SITE SELECTION FROM AMAZON TO solo entrepreneurships, businesses in search of their next ideal location will receive a lengthy line of suitors vying for their attention. They arrive armed with a dizzying array of incentives and advantages: tax breaks, ready infrastructure, superior labor pool, market access, quality of life, training programs, and of course, the perfect site. A savvy site seeker begins the process of elimination long before making their search public. An initial list of "must haves" may pare the possibilities down significantly. In the second pass, a list of desirable features further narrows the field of candidates. Once the search is made public, the pitches from individual locations will include as many unique strengths as possible, in the hope that one or more will tip the scales in their favor and ultimately drive the final decision. Asked about the top five factors beyond port proximity that drive a location decision, Georgia Ports Authority Executive Director Griff Lynch said, "Workforce, available building or land space, state tax structure, ease of domestic and international travel for executives, and an existing ecosystem of similar businesses and suppliers." Others involved in the site selection process cite the importance of available/construction timelines, access to consumers, and transportation connectivity. LOCATION SCOUTING Infrastructure, incentives, and ingenuity differentiate site selection strategies By John Powers

Articles in this issue

Links on this page

Archives of this issue

view archives of Digital Edition - May 14 2018