HOW WE HELP ECONOMIC DEVELOPERS
THINGS WE HAVE HEARD FROM ECONOMIC DEVELOPERS:
These are paraphrases of lengthy conversations but they are each directly from specific conversations we have had with EDC directors
We have heard: New businesses are great, but I really need a way to keep the ones I already have going strong:
When it comes to using tax dollars as incentives to grow a towns economy, few things will draw a stronger reaction than supporting a new business when existing businesses are struggling. It's hard, if not impossible, to please everyone; but EDC/CDC directors and boards have to make the tough decisions on how to balance where to spend their time, energy and money.
With Pebble Plan you don't have to choose: Business retention and expansion is just as important to the stability of an economy as entrepreneurship is to it's growth; that's why Pebble Plan has been designed to support both. The same tools and educational content in the app make it easy and efficient for new business to plan their growth can help businesses in trouble identify where they got off track and take inventory of where they really are right now. When they go through our recovery planning module we take that information and help them create a plan for how to get back on track as well. With one resource your EDC can protect prior investments while also helping to make well reasoned future investments. Plus you get a consistent process for all small businesses you work with, which makes it easier for the board to show consistent decision making based on the data provided by the client.
THINGS WE HAVE HEARD FROM BOARD MEMBERS:
These are paraphrases of lengthy conversations but they are each directly from specific conversations we have had with board members
We have heard: We usually need additional information or documents to get a clear picture of the deal:
Most of the time, applicants are unable to answer some of our questions and/or cant back up their claims. Wen asked how the are going to create X number of jobs or tax revenues they usually have very vague answers make it harder for us to trust that they can deliver on their promises.
Pebble Plan has researched the information EDCs need and asks it up front: Because our planning process is education-focused, when a user finishes their plan they don't just have a document; they have an in-depth understanding of their business and what they are saying it's capabilities are. We ask the tough questions that most people will avoid if given the opportunity to; but we don't give them the opportunity to. There is no opportunity to talk around the tough answers, you either know it or you don't, and if you don't it is easy for the board to see.
GET BETTER PLANS, ADD MORE JOBS & GET YOUR TIME BACK
The choice is yours about how you want to use Pebble Plan; if the EDC pays for access your local entrepreneurs will get their plans for free, if you don't want to pay, your business owners can pay for their own access and you can still get all the benefits. Just send your people to us and we will send them back to you better prepared to succeed and grow your towns economy.
To see the software in action book a time for a live demo or view a recorded demo now.