Abstract
We survey incumbent businesses in the Ouachita Enterprise Community primarily located in Monroe, Louisiana. We seek to discover what common factors are critical to the success of inner city businesses. Our results indicate that taxes are a strong negative factor while government regulation is a positive factor. The availability of information technology, good transportation links, and location are important positive factors. Internal factors such as good customer relations were important while production costs relatively unimportant. Internal factors were rated as more important than external factors suggesting training programs to be an effective economic development tool.
Recommended Citation
Eisenstadt, Robert C.; Nelson, Paul S.; and Parker, Tammy R.
(2004)
"Critical Success Factors for Inner City Businesses,"
The Coastal Business Journal: Vol. 3:
No.
1, Article 2.
Available at:
https://digitalcommons.coastal.edu/cbj/vol3/iss1/2
Included in
Advertising and Promotion Management Commons, Curriculum and Instruction Commons, E-Commerce Commons, Economics Commons, Higher Education Commons, Hospitality Administration and Management Commons, Marketing Commons, Real Estate Commons, Recreation Business Commons, Tourism and Travel Commons