Spectrum Location Solutions
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  Why Get Help?

There is no such thing as a "perfect" community, an "ideal" city, or a "matchless" region. But there are "optimal" locations that meet your future business needs. Locating them requires an organized, systemic, unbiased approach.

Selecting a new site for expansion, relocation or consolidation is a relatively infrequent event that requires expertise not usually found among internal staffs. In fact, such projects can seriously distract executives and managers from normal business operations.

Because you've got a company to run, you can free your time by relying on impartial experts to help in ways that are tailored to meet your requirements. Here, in general, is how the process works:

 The Three Phases of a Location Project

Phase I – Assessment, Outreach & Data Collection: In confidence, Joe Vranich will work with you to understand your business issues, clarify strategy, and focus on lifestyle concerns. The conversations vary considerably depending upon operational needs, the nature of the business, overall future goals, and the concerns and hopes of the participants. A "broad-brush" list of candidate communities emerges from discussions based on logistical, financial and workforce factors, and personal preferences. The first outreach will be to Economic Development Agencies in the candidate states and localities with a Request for Information about the factors that are important to you. All inquiries are done on an anonymous basis– your project will be identified only by a code name– which protects your company's identity. When results are in and evaulated, a report will be provided to you that identifies the most promising locations that warrant further consideration.

Phase II – Selecting Semi-Finalists: The scoring in that report will provide comparisons regarding the cost of doing business, workforce availability and costs based on your specific jobs, leasing and utility rates, government taxes and fees, the regulatory environment, transportation options, supply-chain considerations, and potential economic incentives. Quality of life factors will include the cost of living, cost of housing, personal income tax rates, crime, and other aspects that affect employee attraction and retention. From all that, semi-finalist communities are selected that warrant deeper data gathering ranging from ease in obtaining permits to availability of quality schools, with the objective being to determine finalist communities.

Phase III – Finalist Locations / Due Diligence: After identifying finalist communities (usually three), first-hand impressions are gathered by visiting the locations, speaking with local officials and business leaders, and meeting with local workforce experts. If desired, you can be briefed by local commercial real estate brokers or residential realtors who will be aware of your project, which can be followed by inspecting buildings or land and also touring residential neighborhoods. Now the location decision is narrowed to pinpointed areas within a metropolitan area or even specific parts of specific municipalities. Concurrent with all the above, if it appears that the company will qualify for economic incentives, negotiations will occur with the goal of obtaining an official offer letter from the proper authorities. (Note: Even through most of Phase III, your company's confidentiality can be maintained by continued use of your project code.)

'The hardest part is getting started': That is a statement we hear from virtually everyone contemplating a location project. That challenge, along with the question "Should I stay or should I go?" are often resolved through Executive Coaching – a proven way to help business leaders make major strategic decisions. As many as 40% of Fortune 500 companies use Executive Coaches because of the benefits to individual and organizational performance. Your project can be demystified by coaching (which can be by phone) and during the process there is no persuasion to proceed to a site selection project. Call Joe to discuss the coaching process. Also, for an idea of how other company leaders worry about just considering relocation, see Easing Relocation Anxiety Regarding Primary, Satellite or All-New Facilities..

'Customization': Whether you are a family-owned business, a mid-sized company, or a large publicly-held corporation, services will be customized to meet your requirements. For example, Joe may work alone on a small project while on larger ones he will tap into his Strategic Partner Network to expand the types of experts to work on the project. For Executive Coaching services, Joe will work with you independently from his team.

For a free initial consultation, contact Joe by email or by calling 949-551-3150. You are guaranteed Instant Confidentiality.

 
   

Our Mission
We help companies grow with new facilities, improve efficiencies by consolidating workplaces, or become more competitive by relocating to less costly areas. As a boutique firm, We provide individualized attention to help in the selection of the optimum location to meet your business and lifestyle goals -- Joe Vranich, Principal.

 

 
 

Spectrum Location Solutions