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.
Eisenstadt, Robert C.; Nelson, Paul S.; and Parker, Tammy R.
"Critical Success Factors for Inner City Businesses,"
The Coastal Business Journal: Vol. 3:
1, Article 2.
Available at: https://digitalcommons.coastal.edu/cbj/vol3/iss1/2
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