2nd Annual Grayslake Business Climate Survey Opens to Over aThousand Local Businesses

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Over one thousand Grayslake community businesses will be given the opportunity to voice their opinions about the local economy as the Grayslake Business Partnership, a public-private economic development organization, opens up its 2nd Annual Grayslake Business Climate survey.

The Grayslake Business Retention and Expansion (BR+E) project officially begins this week as local businesses have the opportunity to answer the sixteen question Grayslake Business Climate Survey online at https://www.surveymonkey.com/r/GrayslakeBusiness or request to meet on-site with the Partnership directly to identify their specific needs and concerns. This project provides a sounding board for Grayslake businesses to share their opinions about the local economy, workforce, infrastructure and government to assist in determining what ways the local business climate can be improved. All responses will be kept completely confidential and final reporting will be de-identified as to contributors.

“The survey and the visits we are doing with local businesses have four purposes,” said Michael Stewart, Managing Director of the Grayslake Business Partnership. “First, we want to show our local businesses that we really appreciate the contributions they are making to our local economy. Second, we want to see if they have any concerns, and, if so, if there are ways we can help. Third, we will be offering to help connect our local businesses with the various business resources so they can take better advantage of them to grow their business. Finally, we want the businesses to help us set priorities on future directions of local economic efforts.”

“Many economic development organizations focus solely on recruiting new businesses, but in reality, there are less than 300 major plant relocations nationally every year. Studies show that 80% of a community’s new jobs come from existing and entrepreneurial businesses. Although we welcome and pursue new businesses to locate in Grayslake that bring good jobs, at the same time it is critical to take care of the very businesses that already call Grayslake home and support our community,” Stewart said.

The Grayslake Business Climate survey will be open through the end of November and the compiled responses will be provided in a public meeting in the spring along with an action plan based on the results.

The Grayslake Business Partnership’s mission is to support and retain local existing businesses in their expansion efforts, while positioning the Village of Grayslake as an attractive destination for outside companies to start-up, expand or relocate their business. The common goal is to focus on creating higher-wage jobs that bring with them additional indirect and induced employment leading to a measureable increase in economic activity and non-residential revenue to the Village of Grayslake.

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