OUR RESEARCH: The currently reported 20% out-migration, coupled with high underemployment rates in most rural areas are causing great concern to rural community leaders who are looking for remedies to cure their Main Street and general economic woes. Those elements most often found are:
Steps toward solution:
The traditional approaches to business recruitment and retention are just not working for many rural communities. Town leaders and local economic development groups are looking for viable alternatives. One is the entrepreneur.
OUR FINDING: There is a vast amount of supporting evidence to indicate the critical role that entrepreneurs and small businesses play in driving local and national economies. The structure of rural economies is essentially composed of small enterprises, which are responsible for most of the job growth and the innovation. Developed by entrepreneurs, small businesses represent an important part of commerce for most rural economies and business innovation and job creation.
Of the services your practice offers, which can you apply to assist rural America?
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