Across the nation, more and more communities are waking up tourism’s impact on their economies. It is not hard to see. Tourism brings many positives for any community open to welcoming it.
Tourism happens when outside dollars are spent inside the community. For example, when someone living in Tennessee spends their money in Georgia (or vice versa), it is tourism. Dollars that previously were not in the community are now circulating inside the local economy; which helps explain why many refer to tourism spending as “new money.”
Based on research by the Georgia Department of Economic Development, “The tourism industry in Georgia is the 5th largest employer in the state with a total economic impact of $53.6 billion, supporting more than 411,000 jobs, or 10.2% of all payroll employment in Georgia. Taxes of $2.8 billion were directly and indirectly generated by tourism in 2013. Each household in Georgia would need to be taxed an additional $770 per year to replace the tourism taxes received by state and local governments.”
Springtime is an exciting time of year. The sun shines longer, festivals and events start lining our calendars, and typically many of our existing businesses begin making exterior modifications, renovations, and planned facelift projects. Spring also marks when many new businesses choose to open.
I am often asked about what incentives or funding assistance programs are available from the city. It is, by the way, a good question to ask. Most business start-up and relocation decisions are expensive and any financial assistance available to cut costs helps.
The City of Canton has an extensive list of incentives strategically designated for disinvested, underinvested, or underdeveloped parts of town. Canton’s incentive information is also listed on the city’s website and in our recently published ‘Canton Community Profile.’ In case you have questions about what incentives we have; here is a brief summary of them.
2015 begins with a few significant changes and unknowns. The Painted Pig closed its doors in January (but their management team is still going strong serving up great food at The Study). The Jones Building has yet to see a buyer, and our Main Street Director, Meghan Griffin, who has done an outstanding job leading the program since 2013, is leaving.
Canton is becoming a walkable city. Walkability means friendliness for pedestrian activity. To promote pedestrian activity there must be connectivity.
People desire walkable places and accessibility. While metro Atlanta is doing its part to catch up, research shows that more and more people and employers are choosing places where many of life’s necessities are in walking distance. What makes for a desirable, walkable place is accessibility to employment, housing, recreation, education, and other services within a, give or take, 20-minute walk. Walks are safe, useful, and productive.
Canton is a place where entrepreneurship happens. From those occupying storefronts to online businesses, to home-based businesses, to part-time entrepreneurs, we are home to a wide variety of locally owned and operated businesses.
It is not by accident that locally owned businesses in Canton witness new growth and expansions. In 2014, Canton saw 11 locally owned and operated businesses open per month.
Canton is home to more than 1,196 businesses and 11,847 jobs — and both areas are growing.
Retention, keeping a business in the community, says just as much about the business as it does the community. Much like how customer retention is important to a private operation, business retention to a community reflects stability and trust, and invites the potential for more growth.
November is here and the holiday season is quickly approaching. During this season we not only reflect on how grateful we are but also begin thinking about shopping for holiday gifts for our loved ones. As holiday shopping moves upward on our priority lists, we should all keep local businesses in mind.
End-of-the-year shopping, especially during the holiday season, is crucial for many businesses. The National Retail Federation reports that holiday sales account for approximately 40 percent of most stores' annual sales. The Saturday after Thanksgiving has been dubbed "Small Business Saturday" by American Express.
Our city, and community, is at an exciting time in its history.
The economy is bouncing back. New businesses are opening, existing businesses are expanding their outreach, jobs are being created, and new construction is taking place every day.
Our community is growing and is poised to continue that trend. Growth and development occur due to certain elements that encourage their presence.
Three of those encouraging elements are what I call the "Three I's of Economic Development." These three factors are not the defining solutions to economic growth; however, growth often does not happen without them.
We have some exciting plans in the works from our Economic Development office at the City of Canton.
One is an Urban Redevelopment Plan, which is a tool used by local governments to stimulate private investment in areas of need. It includes an assessment of the existing conditions and an implementation plan. Adopting an Urban Redevelopment Plan is an essential step in getting tax credits through the Opportunity Zone program designated by the Georgia Dept. of Community Affairs and other sources of funding.
Looking for something to do in June? The City of Canton has the event for you! From a Dixie Speedway exhibit at the Cherokee County History Museum and Visitors Center to the Farmers Market held every Saturday until October, there is something for everyone in Canton this month.
May is the perfect time to attend an event in Canton and support our local and nonprofit organizations!
First up is the 11th Annual Kentucky Derby Day at the Rock Barn, hosted by the Cherokee County Historical Society. Held the first Saturday in May in conjunction with the running of the Derby at Churchill Downs, Kentucky Derby Day at the Rock Barn is the Historical Society's largest fundraiser and a tribute to the Rock Barn's racing history.
A new year is under way. The City of Canton now has a new City council with a new direction and a renewed energy. We have so much to accomplish! At the first council meeting held on January 2, the council reinstated its council meeting policy. This policy allows for a "work session" meeting on the first Thursday of the month and a "voting session" on the third Thursday of the month. The purpose of the two sessions will give the council more time to deliberate and understand an issue before taking action. It will also allow for more opportunities for public input, which is essential for the council to make a good decision.
No season is more beautiful in Canton than spring. Our location in the foothills of the Blue Ridge Mountains provides the perfect climate for outdoor activities. We are fortunate to have so many opportunities for both youth and adults to enjoy.It’s baseball season, and the Dizzy Dean teams at Harmon Field are ready to go. If you’re a kid who likes baseball, get involved in the game. If you’re an adult, volunteer to help or just take in a game or two. Lots of youth and adults alike will be playing organized or pick-up games of soccer in Boling and Heritage parks. Heritage and Boling parks also are perfect for a morning or late afternoon stroll, or biking along the Etowah River at Heritage Park. Or, maybe you’d like to take a leisurely visit to Downtown Canton’s Cannon Park or Brown Park. Personally, I enjoy seeing the children playing at the playground in Brown Park directly in front of City Hall.
to your business!