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Business Retention and Expansion Final Report - City of Brantford

Business Retention and Expansion Final Report - City of Brantford

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35Local CommunityThe local community section <strong>of</strong> the survey outlines the attributes <strong>of</strong> the area that make it a desirable place to dobusiness. <strong>Business</strong>es were asked to rate a variety <strong>of</strong> factors associated with business operations, as well as comment onthe economic development program in the community.Overall, nearly two-thirds <strong>of</strong> firms (64%) know that the local community has an economic development plan, while 33%are unsure <strong>and</strong> 3% believe such a plan does not exist. Of these respondents, the vast majority (90%) believe that theplan is either being implemented effectively or do not know. Approximately half (49%) <strong>of</strong> area businesses feel that thelocal municipality is taking an adequate role in business <strong>and</strong> economic development, while 30% are unaware <strong>of</strong> what isbeing done <strong>and</strong> 21% think more can be achieved.Using a scale <strong>of</strong> excellent, good, fair <strong>and</strong> poor, firms were asked to rate a number <strong>of</strong> factors associated with doingbusiness in the community. The top five factors <strong>of</strong> doing business in the community are quality <strong>of</strong> life, support from localresidents, access to markets, access to suppliers <strong>and</strong> availability <strong>of</strong> utilities. Conversely, the bottom five factors includemunicipal taxes, water <strong>and</strong> sewage capacity, availability <strong>of</strong> transportation, availability <strong>of</strong> appropriately zoned l<strong>and</strong> <strong>and</strong>the local permit process. Table 12 outlines all <strong>of</strong> the factors <strong>and</strong> the respective ratings they received.Table 12: Factors for doing business in the communityFactorRating (Percent)Excellent Good Fair PoorQuality <strong>of</strong> life 26 61 11 2Support from local residents 20 57 16 2Access to markets/customers/suppliers 17 65 16 3Access to suppliers 16 70 10 3Availability <strong>of</strong> utilities 13 67 14 6Support from local businesses 12 61 22 5Access to training facilities 10 58 28 3Labour costs 7 64 25 4Cost <strong>of</strong> construction 3 56 37 3Size <strong>of</strong> local market 6 67 22 5Access to research <strong>and</strong> development 7 56 32 5Municipal by-laws 6 54 33 7Transportation costs 3 60 29 8L<strong>and</strong> costs 6 56 29 9Telecommunications infrastructure capacity 13 58 19 10Availability <strong>of</strong> skilled labour 8 51 30 11Support from municipality 7 49 32 12Cost <strong>of</strong> leasing space 5 53 30 12Local permit process 6 48 31 15Availability <strong>of</strong> appropriately zoned l<strong>and</strong> 6 49 28 16Water <strong>and</strong> sewage capacity 9 51 21 19Municipal taxes 5 33 38 24“Good location/proximity with southern Ontario.” - New Credit <strong>Business</strong> Owner

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