Rural and small communities face different challenges than major cities when it comes to economic development and determining appropriate strategies. While large cities may have more success targeting and attracting major businesses to help build their economy, small and rural communities may find that providing their residents with continuing education, encouraging local business, and entrepreneurship to be more successful strategies.
Report from Buxton Company that reveals the four rules that need to be incorporated when designing retail incentives in a given community.
Smart growth is an innovative way to boost your local economy, increase your community’s sustainability and attract and retain the creative class to your community. In addition to this, it also helps communities use land more effectively and efficiently and can reduce the amount of sprawl your community goes through as it increases in size. If smart growth is done right, it can be the foundation of economically and environmentally sustainable neighborhoods.