7.0. EDSR MEMORANDUM 06-14-1999 ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY
41/ MEMORANDUM
TO: Economic Development Authority
FROM: Marc Nevinski, Assistant etor of
Economic Development
DATE: June 14, 1999
SUBJECT: Business Retention & Expansion Survey
Issue
Staff has developed a business retention and expansion(BRE) survey to be
implemented this summer. The program will include meeting with the city's
larger industrial businesses, completing a survey, and using the aggregate
results to provide information and help identify businesses with a high
potential for future expansion.
Background
A BRE is an economic development tool used to assess the status of a
• community's businesses, learn about plans or challenges, and to develop a
stronger relationship between the business community and local government.
More specifically, we will be seeking information on each firm's experiences
operating in a tight labor market and their opinion of city services.
Additionally, we will be seeking predictive information as to each company's
plans for expanding, closing, or relocating in the near future.
One important tenant of BRE protocol is to involve government and
community officials, as well as other volunteers, in the interview process.
Participation by such individuals helps to communicate to our businesses the
community's interest in their growth and success. A list of scheduled
interviews will periodically be sent to EDA members inviting them to
accompany staff on interviews.
Conclusion
Staff requests the EDA's input into the process and/or questionnaire.
Attachments
• Questionnaire
• List of companies to be interviewed
di • Schedule
Vir • Announcement
13065 Orono Parkway • P. O. Box 490 • Elk River, MN 55330-1743 . (612)441-7420 • Fax (612) 441-7425
Equal Opportunity Housing and Equal Opportunity Employment
CITY OF ELK RIVER
1999 BUSINESS RETENTION AND EXPANSION SURVEY
• Date of Interview
Name of Business
Name of Person Interviewed
Title
Address
Phone Fax
Interviewer(s)
All information in this survey is confidential and will not be published
in its raw form.
1. Please give a brief description of your company's products and/or services.
What is unique or special about your products and/or services relative to other
companies within the industry?
•
2. Do you have a sister facility (or facilities) producing the same or similar
products?
3. Where are your suppliers located? What changes or trends are they
experiencing in their industries?
• 4. Generally, who are your top customers and where are they located?
5. Who are your competitors (or potential competitors)? Where are they located?
6. What are the most significant trends influencing your industry over the next
• five years? How will they impact your company?
7. Estimate the number of employees working:
Full Time:
Part Time:
Seasonal Peak:
Number of employees one year ago:
Number of employees anticipated one year from now:
Current Average Wage:
Benefits: (circle all that apply) Health
Retirement
Life Insurance
Tuition Reimbursement
• Others (specify):
9. What has been your experience recruiting or retaining the following
employees?
111
Easy Recruiting Retaining
Difficult Easy Difficult
Professionals 1 2 3 1 2 3 N/A
Sales 1 2 3 1 2 3 N/A
Skilled Labor 1 2 3 1 2 3 N/A
Unskilled Labor 1 2 3 1 2 3 N/A
Comments:
10. Assuming an infinite labor pool, how many employees would you WANT to hire
in the next 12 months?
How many do you ACTUALLY EXPECT to hire in the next 12 months?
11. To what degree are the local secondary and post secondary schools preparing
students for work? (circle one)
Poorly Adequately Well
•
12. What value or assets does the Elk River area provide your business?
13. What assets or services are NOT available to your business in Elk River?
14. In the next five years, do you believe your/the business will (circle one):
Expand Move Close Remain in current facility
If moving, would the company stay in Elk River (circle one)?
Yes Not Sure No
S
15. Have other cities, counties, or states solicited your company to move or
expand?
•
16. What ONE issue must Elk River address to promote new and existing
business growth?
•
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• 1999 Business Retention and Expansion Survey Schedule
June 15,1999 Mail BRE information to businesses.
Begin scheduling interviews.
June 28, 1999 Begin BRE interviews.
August 31, 1999 Complete interviews.
September 13, 1999 Present 1999 BRE report.
•
•
,-fir —�
Date
i \,4 -
tyof
I
Elk
River
Name
Company
Address
Elk River, MN 55330
Dear
This summer, the City of Elk River will be conducting a Business Retention
and Expansion (BRE) survey of all the city's industrial enterprises. The
information gathered in the survey will help the department better determine
the needs of the business community.
The surveys will be completed using an interview format and are expected to
last approximately one hour. City staff from the Economic Development
Department will conduct the interviews, and may be accompanied by an
III elected or appointed official, such as an Economic Development Authority
commisioner. Facility tours, if deemed appropriate by you, would be greatly
appreciated.
We will begin conducting surveys in late June and anticipate completing the
process by the end of August. For your convenience, interviews will be
scheduled several weeks in advance.
The information gathered in the surveys will be considered confidential and
will not be part of public record in its raw form. A copy of the survey form has
been enclosed for your review.
Please feel free to contact me with any questions you may have 241-5526. I
look forward to meeting you and learning more about your company.
Sincerely,
Marc Nevinski
Assistant Director of Economic Development
III
13065 Orono Parkway • P.O.Box 490 • Elk River,MN 55330 • TDD&Phone: (612) 441-7420 • Fax: (612) 441-7425