Friday, January 11, 2013

Retail Growth in Grant County aided by SBDC Advisor

The Spokane Small Business Development Center is part of a state network with 30 advisors in 24 centers throughout Washington State.  We are also part of a national network, there are SBDC centers across the country.

Recently, my colleague in Moses Lake was mentioned in an article on how he has assisted retail growth in Grant County.  Here's an excerpt.  If you are in retail, you know many of the industry challenges.Keep up the good work Allan!

Retail
Allan Peterson of the Grant County EDC heads up the Retail Taskforce. The taskforce was started by the EDC with the goal of bringing more retail business to the county. It is a large effort with up to 15 members from different walks of life in Grant County including community members, business and property owners, and government officials.
In 2012, the task force split into four committees, each tasked with gathering information about Grant County for potential retailers. The goal was to get information not available on the Internet that would be useful for retailers. Peterson says the group wants to bring new retail to Grant County, not retailers that will compete with existing businesses.
The group is preparing to attend the International Council of Shopping Centers (ICSC) convention in May 2013. The county will have a booth set up among the retailers and those attending from Grant County will have specific tasks such as retailers to talk to and present information. They have targeted 20 companies and are developing information packages specifically for them. "This may be the tipping point" in bringing them here, Jonathan Smith says.
Smith says that retail is growing in Grant County and he credits Peterson who works with small business through the Small Business Development Center (SBDC). Smith says there are three areas of growth: local retail expanding, regional retailers growing, and national retailers locating in Grant County. Through the SBDC, Peterson is helping local retailers expand. The retail task force is targeting regional and national retailers.
The retail taskforce needs input and help from the community, according to Petersen. "We know what fits and what doesn't and we're looking for the closest match." But the more information they have the better the result of their efforts will be.