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Updated by Economic Development Collaborative on Oct 27, 2022
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Business Development and Strategy News

The EDC creates confident, connected and directed business owners, civic leaders, and community partners by providing tools to build pathways for economic development.

Source: https://edcollaborative.com/news/blog/

How to Get a Business Permit in Ventura County - Economic Development Collaborative

Business permits are government-issued licenses that allow businesses to operate legally within a given jurisdiction. It establishes a business as a separate legal entity and is mandatorily required before any business is conducted within a city, regardless of where your business is physically located. All this information can be overwhelming, but you can access local resources that will help you navigate the processes.

Tips to Track Your Employee Engagement KPIs in 2022 - Economic Development Collaborative

It isn’t easy to recognize & distinguish between worker disengagement, this is why it’s essential to track your employee engagement KPIs.

How to Stay Focused on Your Business Goals Beyond the New Year’s Resolutions - Economic Development Collaborative

Research shows that more than 65% of New Year’s resolutions fail within the first month. Therefore, when making business goals for the new year, you should create a plan that will help you remain focused on your goals long after the New Year’s resolution fades.

Celebrating Black History Month: What Is It And Why Does It Matter? - Economic Development Collaborative

. Much of the history curriculum in most schools don’t give enough recognition to the innovation, hard work, and sacrifices made by Americans of African ancestry.

How Entrepreneurs Drive Job Creation and Economic Growth in the U.S. - Economic Development Collaborative

With the right support and resources for entrepreneurs, you can turn your ideas into a thriving business that creates jobs and helps drive economic growth. Consult our experts today for more business advice and inspiration!

10 Important Principles for a Strategic Approach to Global Markets - Economic Development Collaborative

When marketing your brand internationally, you need to employ a strategic approach to global markets. Contact us today to learn more about marketing strategies!

Website at https://edcollaborative.com/blog/7-strategies-to-leverage-global-trade-opportunities/

There’s no reason your growth strategy shouldn’t include exploring high ROI ventures abroad. As international markets increasingly open up, small businesses can take advantage of the global trade opportunities. However, you need a proper strategy to overcome the multiple challenges that many small businesses encounter when entering international markets. Here are the key concepts to incorporate in your international trade game plan for greater success:

A Guide to Finding the Right Investors for Your Startup Business - Economic Development Collaborative

Over two-thirds of startups never deliver positive returns to their investors. For your startup to succeed, you need a great idea that fulfills a need in your industry as well as the right investors to provide the necessary funds and strategic support. Here is a quick guide to finding the right investors for your business.

The Rising Role of Women in Present-Day Economic Growth - Economic Development Collaborative

When more women are employed, have better-paying jobs, and play a bigger role in the workforce, they make more money. The higher income means they can save more money to invest in income-generating and wealth-creation activities.

Ways to Maximize Your Business's Potential for Growth During the Fall - Economic Development Collaborative

The fall is a critical selling period for a lot of small businesses. Ways to Maximize Your Business's Potential for Growth During the Fall. For more information and resources that'll help you build a thriving business in Ventura, contact us now!

9 Pro-Tips to Help Protect Your Business During a Recession - Economic Development Collaborative

The U.S. economy has been mostly positive over the last decade. While both large and small businesses can suffer the effects of an economic downturn with that in mind, here are ways to help your business survive and thrive during an economic recession!

A Quick Guide to Building a Recession-Proof Business Consultant Firm - Economic Development Collaborative

To succeed in an economic downturn as a business consultant in Ventura County, you may need to refine your current offerings or create new ones altogether. For instance, when the pandemic made it unsafe to engage clients in person, some innovative consultants launched remote, virtual engagements to generate more leads.

4 Key Steps to Building a Successful Business - Economic Development Collaborative

Growth can occur at different points, such as when a business generates more revenue, increases its customer base, or produces new products. To sustain business growth and overall success, every company has to make certain strategic decisions that can help cope with unpredictable changes in customer loyalty and market conditions.

9 Home Business Ideas for the Winter Season - Economic Development Collaborative

Small business entrepreneurship ideas don’t always start big you can begin with a winter-season venture and make good money off it. Benefits include generating huge sales since you’ll be offering a product in demand, and consumers will be in the right mood for it. You can also use slashed prices to widen your profit margin with seasonal sales.

8 Benefits of Having an Economic Development Advisor for Your Business - Economic Development Collaborative

As an entrepreneur, you attend to many day-to-day responsibilities to keep your small business running smoothly. It can be overwhelming to pull it off yourself, from searching for startup financing and strategizing for growth to accounting and hiring. An economic development advisor can point you in the right direction whenever you need the inspiration to keep going.