Real Estate And Your Small Business

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Every start-up must wrestle with real estate issues such as location, zoning, and lease restrictions

The City of Virginia Beach is interested in creating jobs and professional positions from businesses of all sizes and wants to be leader in technology innovation. City of Virginia Beach officials elected and professional, and particularly members of City council, wantto know that taxpayers and their constituents benefit from VB EDA activities and expenditures. They want to see not only quantity but quality occupational enhancement. Manufacturing activities are particularly desirable because of not only labor demands, but spin-off logistic blockchain activities. There is also a constant need for industry alignment of Federal, and local government contracting assistance, with emphasis on DoD-related support of goods anc services.

Small business entrepreneurs should be directed to local sources of Capital Services, versus on-of-town/on-line providers. A common mistake a start-up makes is to shop for lowest price, which typically directs them to on-line provider. This is common for accounting and insurance support. Out-of-town support can never match the interaction with local sources.

The City is not uniform, in terms of geography, demographics, or traffic flow. What is needed at the Oceanfront(Tourism Focused Programming), is not the same as the Municipal Center, Airport Industrial Park, or Towne Center. All entrepreneurs must address these considerations (i.e., Market Segmentation) when making short -and- long-term decisions (i.e. Real Estate and Your Small Business)

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