IEDC Business Retention and Expansion
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While attracting a new company, a community gets lots of press attention. An even more important economic development strategy is the retention and expansion of a community's existing businesses. A strong business retention and expansion (BRE) program ensures that the needs of local businesses are not only heard, but also addressed. In this course, you will learn the "red flags" that may indicate a company is looking to move elsewhere, as well as how to structure an effective system to respond to business concerns.