Services
Our customized services are briefly described below:
Site location analysis and incentive negotiations for corporate clients
Garner Economics performs these services on behalf of our corporate clients. Our site selection services evaluate communities and regions using 81 specific evaluation factors. Our incentive negotiations determines what incentives are available on the federal, state and local levels and we work with the client to secure any and all incentives for which companies are eligible.
Locational audits and economic assessments
Locational audits and economic assessments are a useful, fast-track and affordable process that analyzes the community's economic and competitive conditions based on both an on-site assessment and a quantitative analysis. This service is designed to move a community's leaders and organizations to action and decision regarding new initiatives. It includes the identification of assets and challenges of the community and market opportunities for growth.
Industrial and business park site planning
This methodology includes a local market analysis, a planning and engineering analysis (using professional partners), financial analysis, and an implementation plan.
Business and industry target identification
We specialize in the identification of targeted businesses based on both a desirability and feasibility-screening matrix. This is often linked with a community locational audit and a comprehensive economic development strategy.
Workforce assessment
Today's expanding industries must understand the labor composition of a community. Critical to the overall success of the business, we can assist firms in evaluating and identifying the skills and attitude of the labor supply; understand and document the costs of the local and regional labor market, including benefits and incentives; record the commuting patterns of the workforce; and assist with identifying training resources from local, regional and national agencies.
Global business development strategies and cross-cultural training
This service aids organizations in creating a total international strategy that will result in new business opportunities in a global market. We also assist individuals and organizations in understanding and practicing the cultural nuances of various countries. This service is valuable to those communities who are actively pursuing foreign trade and investment, or those that are actively pursuing or growing sister-city relationships.
Organizational consulting and training
This service provides direction and counsel to economic development organizations and Chambers of Commerce on issues including staffing, program development, governance, and training for staff, volunteers and elected officials, revenue development, public/private partnership relationships, effective service delivery and other related facets.
Our economic development staff and volunteer training process will train staff, volunteers of organizations and elected officals involved in economic and community development on the science and art of enhancing their community, region or state for investment.
Economic impact analysis
Understanding a project’s economic value, or the likely impact of various scenarios, provides our clients the information they need to make informed and persuasive decisions. We conduct in-depth input-output modeling in a clear and logical format, equipping clients with solid quantitative results. Our impact analyses can be used to value incentives, determine an industry’s contribution to a community, or assess the impact of a particular expansion and relocation.
Innovative Community Development
Today, communities are seeking ways develop a sustainable economic future. Garner Economics will identify local technology sectors and create a framework to build a future eco-system. Our framework will build strategic relationships between academia, government, and industry to leverage opportunities for technology growth and attraction.
Comprehensive economic & community development strategies
The planning process helps guide regions, communities and organizations in developing a multi-year strategy to enhance their quality of life and economic opportunities. The methodology includes input from the public, recommendations to achieve success, business and industry targets and an implementation plan.
Research and Science Park Development
Garner Economics can assist in the initial park development of next generation (live-work-play) technology strategies and provide mature parks with expertise of adapting to changing global economies. Business plans, marketing, tenant development, networks and building brand are a few of the strategies that Garner Economics can provide as best practice to accelerate technology growth.
University Economic Development
The economic shift of relying on innovation to build new economies has placed great emphasis on university research and commercialization. Garner Economics can build strategies that will capitalize on area research strengths to accelerate and commercialize technology at every stage of the development cycle.
Implementation plan guidelines
Implementation plans provided to our clients are based on the research and findings from an experienced, yet innovative and creative team of professionals. Our team members, their wealth of successful experience as consultants and former practitioners, and the fact that we are constantly learning and then doing, benefits our clients. The fact that the team from Garner Economics has knowledge of what growing and investing companies are looking for, and how companies make location decisions, adds to the recipe of success for our community clients.
In addition, all of our plans, strategies and recommendations include a detailed implementation component. Our implementation guidelines includes a summary of which organization should accomplish what part of the plan, when it should be done, and how much it will cost to be implemented.
Speaking engagements
Our team of experts in economic development and site selection are available to assist communities, economic development organizations and associations as a speaker for your next event. Give us a call or e-mail us to see how we may develop a speaking program that serves your specific needs.