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According to Zig Ziglar, “The only thing worse than training employees and losing them is not training them and keeping them.” Professional development is an important ongoing part of business success. It should permeate all levels of organizations large and small. And while most employers would agree with the importance, many have come up short with sustained implementation. Let’s look at this from two perspectives; employer and employee. As an employer, it is your re... Read More
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Location, location, location – the phrase is paramount in real estate AND in economic development. The state of Missouri is in a great geographic position with its location in the center of the United States. This should be a huge advantage in economic development. We are rich in many transportation resources including rivers, rail, highways, airports, and river ports. However, our transportation infrastructure is struggling. Within 500 miles of the state of Missouri is 43% of the U.... Read More
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Over the past 18 months, there have been several notable expansions from our existing businesses. These include an almost completed 60,000 square foot manufacturing facility in the Greater Cape Girardeau Business Park by Idyllic Enterprises and SI03, 30 – 35 new jobs at Schafer’s Electrical Enclosures, 150 new jobs from AT&T, and numerous hospitality and restaurant projects. Even several of our new businesses are results of working with existing developers. Statistics show eve... Read More
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There is a silent killer of many businesses in the United States and our area is certainly not immune. Statistics show us 80 – 90 percent of the U.S. businesses are family owned. However, less than one third will survive into the second generation and roughly 10 percent will make it to the third. Business succession planning is a process whereby owners research and decide upon a plan to move forward in case of the event of death, illness, or simply transition. It generally uses estat... Read More
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Did you know each of you can play an important role in the economic development efforts for our area? A full economic development effort includes an existing business retention and expansion plan, recruitment of new business, entrepreneurial ecosystem development, AND the business of conventions, visitors, and tourism. YOU can play a direct role in that last category – the Tourism Industry. Research shows tourism is more than a 16.5 billion dollar business for our state with employme... Read More
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Too often I’ve heard some version of the following comment when it comes to disasters: Oh, don’t worry. The odds of something like that happening here are slim to none. Disasters can be man-made or natural. Either way, the percentage of businesses that don’t survive significant disasters is alarming. Many simply aren’t prepared and can’t make the recovery necessary to keep operating. We live in a great state and an awesome community. But we have been reminded... Read More
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Government, everyone’s favorite topic. OK, maybe not, but it is an important topic and one we try to stay updated on. Part of the chamber’s service to the business community is to build relationships with local, state and federal elected and full-time government officials. Most of the time our businesses don’t need anything from the government, but when they do, it can be really impactful on their business. Whether it’s new regulation hindering them or new proposed le... Read More
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Cape’s regional hub status has long been an important part of our identity, one we must work to maintain in the years ahead.  Growing up in Bernie, Mo., we made trips to Cape a few times a year. We shopped for clothes, books, cars, ate at the restaurants and enjoyed much of the retail offerings in town. It was an hour-long drive for us and this was certainly something many people from the area did on a regular basis. When we look at our visitors today, retail is a major driver, but ... Read More
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In economic development, our number one goal is for our community to have more jobs. So, how exactly does that happen? Politicians always talk about job creation as if the government is responsible. I can tell you this, there is only one group truly responsible for job creation and that is businesses. In my roles as an economic developer, I certainly don’t create jobs, but rather simply work to clear the way for those jobs to be created. A great example of job creation in Cape over the l... Read More
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Some leaders say “what if we train our people and they leave?” Others say, “what if we don’t train our people and they stay?”  Happy 2018 to all of you! As we enter a new year, like many, I find myself thinking about professional development. The saying about training isn’t new, but it is certainly still relevant. And there’s really no better time to think about professional development than the beginning of the year. At the Chamber, we believe st... Read More
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