GQGP | Process Search

Tool	Issues Addressed	Considerations	Examples
Evaluating Business Formation in Your Community Evaluating business formation in your community requires analyzing the rate and causes of growth or decline in local businesses. Business formation results from a new company locating in the community or from a local entrepreneur starting up a business. Every year some businesses also close through failure or relocation.	Not enough innovative economic development taking place	Business formation may fall into a pattern that can be exploited as part of an economic development strategy Data difficult to obtain for political units below county If business formation does not exist, that may be an indicator of constraints that need to be addressed May not be particularly useful with stable, smaller economies The general idea is to compare two time periods to see changes. What parameters you examine would be determined by your knowledge of the area you are examining, and how the results would be used The rate and type of business formation is usually one of the critical factors considered before establishing a business incubator	Implementation Examples Outside Georgia

Evaluating Business Formation in Your Community

Guides For Implementing This Tool

Model Ordinances

Aids For Visualizing This Tool

Georgia Implementation Examples

Implementation Examples Outside Georgia

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Guides For Implementing This Tool
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Model Ordinances
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Aids For Visualizing This Tool
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Georgia Implementation Examples
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Implementation Examples Outside Georgia
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Other Resources

Babson College Newsroom report -
Entrepreneurial activity has increased recently as large companies downsize and their former employees decide to try a start-up business. Throughout the 1990s, entrepreneurial activity increased steadily as more and more technology start-ups found venture capital to fund their ideas. All of this activity has also increased the interest in business incubators among communities looking for a new, innovative economic development strategy. However, the success at developing incubators is mixed.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www3.babson.edu/Newsroom/Releases/IntlGEM2003.cfm

County Business Patterns
Provides number of employees, number of establishments by size class, and payroll annually (but somewhat dated). These data can be useful in analyzing business formation in your county.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.census.gov/epcd/cbp/view/cbpview.html

Federal Deposit Insurance Corporation (FDIC)
Local bank deposit data can be found through the Market Share Selection. Data is available for each institution or bank holding company within a selected geographic area.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www2.fdic.gov/sod/sodMarketBank.asp?barItem=2

National Business Incubator Association
This link provides a number of useful publications based on advancing business incubation and entrepreneurship.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=https://www.nbia.org/store/index.php

The Georgia Department of Labor Quick Stats
State and federal Departments of Labor provide more timely data on employment, but the level of geographic and industry detail may be low. Please note that employment data can be either by place of work (which is what you want, described as CEW or ES-202 data) or by place of residence of the worker, often described as workforce data.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://65.202.70.16/analyzer/startanalyzer.asp

U.S. Department of Labor - Bureau of Labor Statistics
State and federal Departments of Labor provide more timely data on employment, but the level of geographic and industry detail may be low. Please note that employment data can be either by place of work (which is what you want, described as CEW or ES-202 data) or by place of residence of the worker, often described as workforce data.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://data.bls.gov/labjava/outside.jsp?survey=sm

File Format Help
GIF (Graphic Image File format) A widely supported image-storage format promoted by CompuServe that gained early widespread use on on-line services and the Internet. Limited to 8 bits of colour.

JPEG (Joint Photographic Experts Group) JPEG is used to refer to the standard they developed for still-image compression, which is sanctioned by the International Standards Organization (ISO).

PDF The PDF file format is the best choice for printing reports and other documents, viewing graphically intensive documents, and observing documents in their original format. You must have the free Adobe Acrobat Reader installed on your computer to view PDF documents. PDF is a very common format for viewing documents on the Internet so installing the Acrobat Reader will be useful on other websites as well. To download Acrobat Reader or to learn more about the product, click on the Adobe icon below.

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