317.819.0888 info@ginovus.com

How the Pandemic is Impacting Business Location Selection

No Longer “Business Location As Usual”

The COVID-19 pandemic has impacted every part of daily life – and for companies, this includes the decision-making process for new business locations. But beyond the obvious changes (less travel, virtual instead of physical site visits, virtual meetings and presentations) the pandemic has also influenced the importance of information in the location decision process.

Two core selection factors that rise to the top are supply chain diversification and risk mitigation.

“Diversification of supply chain to mitigate risk, tax environment, quality of talent and incentives have become more important in the current environment,” says Larry Gigerich, executive managing director at site consultancy Ginovus. As companies reevaluate business models and reassess operations in light of the pandemic, increasing importance is given to mitigating future risk—whether that’s through lower operating costs, a more secure supply chain, or seeking a more business-friendly tax and regulatory environment.

Read the rest of the article with highlights covering:

  • Two core site selection factors 
  • Mitigating future risk
  • States doing risk assessments of existing operations to prepare for future pandemics
  • Ginovus project feature in the area
  • Full Q&A with Larry Gigerich at the end

Access the full story on the Orlando Economic Partnership here: https://news.orlando.org/blog/how-the-pandemic-is-impacting-business-location-selection/

 

KEEP READING

Andy Parcell Joins Ginovus Team as Client Advisor – Compliance

Andy Parcell Joins Ginovus Team as Client Advisor – Compliance

Andy Parcell Joins Ginovus Team as Client Advisor – Compliance Ginovus Names Andy Parcell as New Client Advisor – Compliance Fishers, Indiana — Ginovus is very pleased to announce that Andy Parcell has joined its site selection and economic development incentive firm as a Client Advisor – Compliance. Parcell will support the vitally important incentive […]

read more
July 2021 – Podcast on Water Resources in Economic Growth and Development

July 2021 – Podcast on Water Resources in Economic Growth and Development

  PODCAST EPISODE July 2021 – Rick Weddle, President of the Site Selectors Guild, and Larry Gigerich, Executive Managing Director of Ginovus, discuss the importance of water resources in economic growth and development in the 50th episode of the Site Selection Matters podcast here.   Back to Events KEEP READING July 2021 – Podcast on […]

read more