Table of Contents
How do you bring a small town back to life?
Form investment groups that fix up the old buildings, fund new business start-ups, and build new buildings and housing alternatives. Clean up vacant lots, remove buildings that are beyond repair, and develop rain gardens along the streets to create a tree-shaded environment.
What makes a successful small town?
The research found that small towns with strong economic performance share several key traits, such as: travel, tourism and recreation as key industries; prevalence of professional services; a culture of entrepreneurship; and research universities and 4-year colleges.
Why is it better living in a small town?
Small Towns Have a Lower Cost of Living Small towns also typically have lower property taxes, which makes owning a home much more affordable. With all of the small, locally-owned shops that dominate small downtowns, you can also pay much less for consumer goods than you would pay at a corporate chain in a big city.
Is technology destroying small-town businesses?
However, in reality, businesses in small towns have access to just as many technological resources—computer software programs, the Internet, virtual clouds—as those that operate in big cities. In fact, technology erases the geographical boundaries that once separated small-town businesses from big-city corporations.
What technology resources do small businesses have access to?
When living and working in a small community, you might think that your business is limited to a proportionately small number of resources. However, in reality, businesses in small towns have access to just as many technological resources—computer software programs, the Internet, virtual clouds—as those that operate in big cities.
How to attract new industries to your community?
Many communities have launched programs for attracting new industrial plants and have even offered inducements such as tax exemption or the rental of municipally-constructed factory buildings to encourage these new industries.
How can cities benefit from the graduates they attract?
These graduates are often shown the door after graduation, turned away by the flawed and struggling immigration system. By retaining these graduates, cities can benefit from their economic contributions — boosting new business formation, attracting capital to the region, and driving job creation.