Creating a vibrant small business environment

This post is written by Bill Reagan, Executive Director of the SBDC and first appeared in the Alexandria Times on May 3, 2018.  Entrepreneurship doesn’t flourish by happenstance. Centers of innovation – like Silicon Valley in California; Austin, Texas and Seattle, Washington – seem to have found the mix of characteristics and attractions that lure… Read more »

The post Creating a vibrant small business environment appeared first on Alexandria Small Business Development Center.

This post is written by Bill Reagan, Executive Director of the SBDC and first appeared in the Alexandria Times on May 3, 2018. 

Entrepreneurship doesn’t flourish by happenstance. Centers of innovation – like Silicon Valley in California; Austin, Texas and Seattle, Washington – seem to have found the mix of characteristics and attractions that lure the country’s most innovative entrepreneurs. Even though they are known as tech hubs, these examples have also become hubs for creative retail and great food. Businesses of all kinds tend to be attracted to innovation hubs and places that are “Top Ten” in other categories.

Businesses like to cluster with other like businesses. Old Town has a concentration of independent boutiques and shops in part because they like to be located near other similar types of stores. New, creative restaurants often pop up near each other, like the explosion of new eateries along U Street and around Union Market in D.C.

The reasons for such clustering are well known. Entrepreneurs like to be near other energetic entrepreneurs and are attracted to vibrant communities. Innovators that consistently push the envelope are attracted to welcoming communities. These are places where the threshold for startups is modest, people are accepting of diversity and new ideas can be developed, launched and refined without ridicule.Retail

Alexandria should fare pretty well as an entrepreneurial destination. We have many winning attributes. We’re inside the beltway. We have historic authenticity that other places try to replicate. And we’re already a top-rated tourist destination, just to name a few. The city is also the right scale – small enough to build meaningful connections and know your neighbors, yet large enough to have the amenities and vibrancy of a big city. All those things position Alexandria to be attractive to innovative businesses.

However, innovators are not just looking at the city in a vacuum. They’re reading media coverage of the city and, frankly, may not be getting the best impression. Creative entrepreneurs are turned off by sentiments like, “We don’t want anything that attracts more people,” or, “Alexandria already has too many restaurants.” This rhetoric implies that Alexandria is not welcoming to opportunities to grow its tax base and be a destination for innovative businesses.

The harsh reality is that our local economy is either growing or declining. Economies don’t just mark time, especially in an era of dramatic market shifts. We, as a city, need to recognize the impact of our words and our deeds and how they might be interpreted by entrepreneurs evaluating Alexandria as an option. We cannot afford to be seen as a city that has disdain for innovation.

Our city would become very different if we cease to nurture a vibrant small business community. To maximize our potential, we must constantly focus on ways to retain and attract the brightest and best small businesses that will add value, build diversity and stimulate vitality.

All of us have a role to play in making Alexandria an attractive destination for the most promising businesses and creative entrepreneurs who enhance our economy and quality of life. Who could be against that as we enter Small Business Month?

The post Creating a vibrant small business environment appeared first on Alexandria Small Business Development Center.

Instagram Stories for Small Business | Google and Beyond Webinar Archives

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Social Media Marketing with LinkedIn

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How to Create an Affiliate Program for your Small Business | Google and Beyond Webinar Archive

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Social Media Marketing with Facebook, Getting Started

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Search Engine Optimization for Small Business

In this episode (3) of “Switched on IT,” the PowerTV Australia show that I co-host with Doug Endersbee of OZ Hosting, we cover some of the high-level areas that you need to understand about Search Engine Optimization for Small Business.

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Finally, spring is here

This post is written by Bill Reagan, Executive Director of the SBDC and first appeared in the Alexandria Times on April 6, 2018.  This year’s annual column on making the most of our springtime is not going to require much convincing. It wasn’t a particularly cold or snowy winter, but it was drab, and everyone I… Read more »

The post Finally, spring is here appeared first on Alexandria Small Business Development Center.

This post is written by Bill Reagan, Executive Director of the SBDC and first appeared in the Alexandria Times on April 6, 2018. 

This year’s annual column on making the most of our springtime is not going to require much convincing. It wasn’t a particularly cold or snowy winter, but it was drab, and everyone I know is beyond ready to get out and enjoy the spring weather.

Alexandrians are blessed with an abundance of ways to celebrate the warming season. Just getting outdoors will feel plenty good, but what incredible options we have. First, we can simply stroll our beautiful and historic neighborhoods.

This time of year, our neighbors are planting in their flowerbeds, window boxes, or pots on their sidewalks and hanging new door wreaths. For a closer look inside and a peek behind garden walls, don’t miss the Historic Homes & Garden Tour on April 21.

Baseball season is finally here and there’s no easier or more picturesque way to get to and from Nats Park than the Potomac Riverboat Company’s Baseball Boat that boards at our waterfront. And speaking of the river, Alexandria has access to incredible waterfront trails and parks where you can stroll, picnic or bike. For the more ambitious among us, there’s always the George Washington Parkway Classic, a ten mile race along the Potomac from Mount Vernon to Old Town on April 22.

Keep an eye out for festivals and events where you can sip spirits at galleries, brew houses or gardens or even historic sites such as the Mt. Vernon lawn. On Saturdays in May, enjoy Attics and Alleys, a three-hour walking tour of rarely seen historic sites in Old Town. Afterwards, check out one of the many new restaurants opening this spring, like Mia’s Italian Kitchen or Smoking Kow BBQ.

We should never take our treasures for granted – they’re not just for tourists.

Speaking of tourists, I’m sure you’ve heard that Money Magazine just selected Alexandria as the #1 best travel destination in the United States for 2018. What a confirmation that we live in an incredible place.

This calls on us to be gracious hosts for the visitors that designation is certain to bring. We know from Visit Alexandria studies that tourism generates hundreds of millions of dollars for local businesses and supports thousands of Alexandria jobs.

Tourism also reduces the tax burden on our households. Cities that are tourist destinations tend to also spur creative economies. The charm and vitality that lures tourists also attracts entrepreneurs and helps businesses recruit skilled workers.

The snowball effect adds to the diversity and strength of Alexandria. What can we do to enhance the visitor experience? First, be welcoming in every way, such as helping someone who’s struggling with a map or looking lost. You know how such help has made you feel in strange places. Second, be ready to suggest great places for them to visit, shop or dine. We all value recommendations from locals when we travel.

Spring has sprung and it’s a great time to get out and enjoy our community – and let our enthusiasm become contagious to visitors.

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