Business Retention and Expansion Final Report - City of Brantford
Business Retention and Expansion Final Report - City of Brantford
Business Retention and Expansion Final Report - City of Brantford
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53A community’s advantages as a place to do business are key factors in maintaining existing businesses while encouragingnew businesses to establish. The following items were cited as the top five advantages to doing business in <strong>Brantford</strong>(not in any certain order):- Location- Universities (education)- 403- Small town feel- AffordabilityIn terms <strong>of</strong> disadvantages <strong>of</strong> doing business in <strong>Brantford</strong>, the following five factors were cited (not in any certain order):- Downtown parking- Condition <strong>of</strong> the downtown (appearance)- Perception/Reputation <strong>of</strong> the city- Property taxes- Transportation/transit<strong>Business</strong>es surveyed were asked to rate factors in their ability to conduct business in this community.The following are the highest ratings (excellent to good):Factor - Excellent to GoodPercentAccess to suppliers 90%Availability <strong>of</strong> utilities 89%Water <strong>and</strong> sewer capacity 86%Access to markets/customers/clients 83%Quality <strong>of</strong> life 79%Support from local businesses 79%Telecommunications infrastructure capacity 78%Access to training facilities 74%Size <strong>of</strong> local market 73%Support from local residents 72%Transportation costs 67%Access to research <strong>and</strong> development 67%Labour costs 65%Cost <strong>of</strong> construction 61%Support from municipality 60%The lowest ratings ranked as fair to poor included:Factor - PoorestPercentCost <strong>of</strong> leasing space 57%Availability <strong>of</strong> skilled labour 55%L<strong>and</strong> costs 55%Municipal by-laws 55%Development charges 53%Local permit process 48%Availability <strong>of</strong> appropriately zoned l<strong>and</strong> 45%Municipal taxes 41%