Workforce & Location Planning
Cresa positions your business for immediate savings and long-term success when you entrust our specialists. We find the community best suited for your business by researching all the variables—from availability, quality, and cost of labor to infrastructure, incentives, and tax climate. Whether planning to locate a new regional office, customer care center, or manufacturing plant, consolidate operations or relocate your workforce and facilities, count on Cresa to help your business identify the optimal location and achieve your objectives.
That is The Tenant’s Advantage.
Align Workforce Needs with Location Selection
From corporate headquarters to back office, R&D to distribution, and contact center to data center, each business operation has unique requirements for optimal efficiency. Considerations are as varied as the depth and quality of the workforce, proximity to higher education, sector saturation, population demographics, power costs, and natural disaster risk. Cresa has the expertise and the tools to help:
- Establish the key location criteria for both short- and long-term business needs
- Develop the employee profiles and job descriptions for key functions
- Evaluate the impact of local demographics on the project's success
- Generate a long list of communities based on preliminary screening
Research and Evaluate Communities to Generate a Short List
From a long list of potential locations, Cresa applies highly detailed research and analysis to narrow your options to a select few. We look for communities with the greatest potential to deliver and sustain a qualified and affordable workforce as well as other key business drivers. Count on your Cresa advisor to:
- Gather data from public and proprietary data sources and tools to gauge whether communities meet key location criteria
- Investigate and quantify potential business incentives
- Apply a multi-level screening process to filter broad geographies to a long list of communities
- Prepare overviews of select communities that highlight demographics (overall population and workforce), major employers and industries, local competitors, educational institutions, and other attributes
- Analyze research results and compare labor force availability, quality, wages, and other business costs
Select and Maximize the Value of the Optimal Location
Continuing our specialized labor research and multi-level screening process, Cresa identifies the optimal community for the project. When a recommendation comes from our advisors, know that it is based on our taking the time to:
- Tour finalist communities to further evaluate the local workforce and view potential sites and facilities
- Interview public officials and employers within each community and identify critical factors for a successful operation
- Update the analysis of labor costs, incentives, real estate, and business costs to enable a comprehensive review of the prospective locations
- Negotiate with state, county, and local officials to maximize incentives
- Manage documentation for incentives programs to ensure that negotiated awards are received