Let’s Talk Business: Local Business Climate

Feb 10, 2019

Business success and growth is dependent upon many things. One critical factor is an area’s business climate.

Business climate is generally comprised of the attitude of the government, politicos, local consumers and clients, labor organizations, access to capital, and current taxation regimen. A friendly business environment can help tremendously with business stability and growth.

However, creating a positive business climate doesn’t just happen. It is important for advocacy groups and individuals to work with the entities responsible for these areas and seek win-win approaches that are good for business and the general public.

Advocacy groups – also called special interest groups – can sometimes be labeled as unproductive, combative, or even unethical. Some may fit that definition, but certainly not all. Every one of us has special interests in something either in government policy or community action.

Each of you plays an important role in our local business climate. Some influence access to capital and others influence policy. But all of us control our own attitudes about the local business environment and should look for ways to support our base.

Our local business community wants someone to help fight for infrastructure improvements, workforce development, access to capital, entrepreneurial support, and more. To remain strong and for future growth, they need our support.