Small Business Job Creation and Retention
When large businesses are looking to come to Tennessee, major efforts are made to provide assistance that will encourage them to settle and remain here. Assistance may be in the form of location identification, infrastructure needs, knowledge of state regulations, a trained workforce, and a wide array of financial incentives. The state and local governments should work together to cut the red tape and expedite the process.
When large businesses are looking to come to Tennessee, major efforts are made to provide assistance
In Clarksville we have several functions that provide small business development and continuance assistance. However, trying to “follow the trail” for this assistance is lengthy and cumbersome. When assistance is found, it may be limited in scope or in personnel. On top of that, all of the involved institutions are literally located all over the map.
Small businesses deserve similar assistance to start and remain viable.
As mayor, my vision is establishing a small business creation and assistance center. Some may think of a “business incubator”, but many incubators specialize toward specific businesses and the facility is used more for the operations of a business. My concept is a more all-purpose approach and shorter in term, at least in the initial phases. It would be a “one-stop shopping” operation having the potential new business owner, or existing small business owner, walking through the doors and not leaving without access to all the business tools, knowledge, planning materials, available financial support outlets and mentoring that would aid in a successful startup or to help an existing small business in time of need or expansion.
This facility would have small offices that a new business startup owner could use on a short-term contract basis to get the research, development and operational setups determined. This facility would have technology, office equipment, a research library, conference rooms, administrative help and subject matter experts available. Potential new business owners could gather information and develop business and marketing plans they will need. Then they could explore potential financing sources, legal needs, city permits, and all other aspects needed to start a business.
…my vision is establishing a small business creation and assistance center.
However, there is another measure of success that this consolidated business creation center can provide that I learned in talking with our local Small Business Development Center. If the research, business and marketing plan does not provide the positive outcome a potential new or existing small business owner expected, then they may stop the further investment of time and money before they could potentially spend all of their savings and assets in a losing venture.
An expanded and centralized business-mentoring program would be established…
By consolidating the many programs available under one roof and under one management, we can make starting up or growing a small business in Clarksville easier with a greater chance of success.