Where you choose to locate your business can significantly impact its growth.
More companies have based their operations in Ohio for its talent pool, infrastructure, and institutional support.
In a virtual event sponsored by JobsOhio, executives discuss their motivations to base offices in cities like Columbus, Dayton, and Toledo.
Watch the full event here.
So, you’ve done it — you’re starting a business, or better yet, you’re planning to expand. And while your product or service could be the best in the world, that won’t matter if your company operates in a location that lacks resources.
Of course, not every business is the same, meaning different priorities are in order for each one. However, when determining location, talent, infrastructure, and institutional support are three fundamental factors to consider. This applies to organizations across all types of industries.
On April 19, the virtual event, “Location Matters — Where Smart Entrepreneurs Locate their Businesses for Strategic Growth,” sponsored by JobsOhio, invited executives from Veeva Systems, Creadio, and Dayton Development Coalition to discuss their motivations behind choosing a business location.
In the case of Catherine Allshouse, the global CIO, head of operations at Veeva Systems, institutional stability, better cost of living, and strong local economies are several reasons Veeva chose to expand its Silicon Valley-based enterprise to Columbus, Ohio.
Such factors create a strong foundation for any business, but the real backbone is how these factors impact talent development.
“We’ve had pretty good luck here in Ohio, especially during this Great Resignation,” Allshouse said. “We started out with 40 in Columbus, now we’re at 225.”
Another big win for Veeva Systems is being in close proximity to one of the nation’s largest universities and other renowned schools. “We’re able to [recruit] graduates not only from the computer science department at Ohio State but also the Fisher …read more
Source:: Business Insider