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how a project ends: ... a site
selection project that may not get
off the ground at all but some thought has been put
into plannig a startup, expansion or relocation of an enterprise in
combination with an effort to collect location
data. Tentative projects
can be months away from moving to the preliminary
stage. Arguably they may not be projects at all, especially, if the
site
selector served by a location
data supplier is considered a suspect rather than a prospect. Having an active project means (1) time is of the essence and (2) information
on which decisions are based had better be reliable. Also, contacts should
be screened so that you can trust their presentations and promises. It's
time to be dealing directly with location and/or real estate representatives,
especially to negotiate incentives and other investment reductions. It's
also time to short-list competing
locations and sites. back 2005.4.3 Of the list of various types of resource and services providers operating within site selection networks, representatives of places that want economic development are generally expected to work with their prospects for free. The payback for the location comes when it's selected and the prospect starts up operations. 2005.4.4 Quotes below are from the resource paper, An
Introduction to the Enterprise Development Process. Select
the back link to
return to where you came here from or select source to go to the
point in the paper of the quote. 2005.4.5 incentive offers: Although incentive is defined in the .network glossary, the following link is provided to an online reprint of an article in a 2005 issue of a site selection magazine. The reprint is titled: Incentives: Part of Business Location Decision. Business Xpansion Journal is the name of the magazine. The .network Site Selection Directory provides a summary of important things that site selectors should consider laid out in a 10-step sequence. It comments on incentives as a part of fieldwork. Incentive offers may, however, come into play as early as when site location work is being done for a tentative project and the process of gathering location data for comparative analyses is just beginning. This is especially true when data gathering is done online. So called economic development incentives are often included along with community profiles at the websites of area and local development representatives. The fact that incentive offers are published doesn't necessarily preclude deal-making. More about incentives can be found by using links provided in the answer to questions put to The Network about the best way to find site selection resources online. Also, here is a partial quote from the definition of location search: ... sixty-five percent of enterprise developers who apparently use the websites of economic development organizations can have an online resource at their fingertips. The percentage is a reference to a study that indicates well over half of enterprise developers look for information about economic development incentives at the websites of area and local development representatives. 2005.4.6 Site Selection Directory announcements: ... project profiles with one or more response items (specifications) published online for viewing by resource and/or service providers. They may also be distributed with or without being published online by using services that go along with the Site Selection Directory. Resource and service providers interested in responding to a specific announcement in the directory see it more of less as a request for proposal. Most site selection project announcements made in the Site Selection Directory are calls for responses from location data suppliers. Those who are considering taking advantage of the offer of a free webpage for making an announcement should take a look at the three phases of project status suggested above (page up). Use this search tool to Google for ... manufacturers information
network (copy and paste the italicized words into the search box).
We were asked to include Australia when we searched for the
phrase the first time. We came up with Smart
Link.net.AU (National Institute for manufacturing management). Without
searching for Australia we found the website of the Tooling
and Manufacturing Association (TMA) which we would classify as a
manufacturers' information
network because among industry related links it listed associations
and societies. See the definition
of network in the .network glossary.
business development networking: ... a new business development effort that involves direct contact with a prospect for the purpose of exchanging information in hopes of building a working relationship or adding to one that already exists; a person-to-person effort to exchange information for initiating, organizing or adding to a working relationship with one of the two in the position of prospect, client or customer. |
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