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Tuesday, March 13, 2007

Business in Tacoma

With the resurgence of Tacoma, I wonder if the city will ever be able to become home to more businesses. It appears that there are plenty of Tacoma residents who commute elsewhere to go to work. So it begs the question, what does Tacoma need to do to become a favorite destination for businesses to set up shop here? I think a couple of things could help. It seems a favorable tax environment could give incentive for companies to move or add remote offices here. Taxes are something that the city can control and manipulate in its favor. Creating an incentive for companies to come may be a positive step. We have to give a compelling financial reason for companies to want to relocate or start here in our home. We need to affect their bottom line in a positive manner. And our reward is that we can employ more Tacoma residents and keep them working in our city.

Good infrastructure is also something Tacoma could provide that would set it apart from other cities. We already have the Link and it has shown to be quite popular. If we can find ways to expand on our transit system, this would be a huge advantage since no other city in the region has been able to adequately run a mass transit system that is simple, easy-to-use, and convenient. Being able to get to from point A to point B easily is something that is severely lacking in the entire state. Tacoma could be the first city to take real proactive steps to address this problem.

And lastly, we need to do everything we can to create a positive experience for residents, workers and employers. Whether that includes adding attractive green spaces and parks, keeping/adding adequate security patrols to monitor illegal activity, or simply streamlining the process for businesses to get started or build new facilities, or any or all of the above, we need to continue to improve the process of progression. Continual innovation and implementation of good ideas and policy will help us all move forward. If we progress however, remains to be seen.

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