Federal Government Shutdown 2023
September 26, 2023Becoming a Trusted Advisor
October 12, 2023Join Broadway Co-Working and the Shenandoah Community Capital Fund for a Small Business lunch on October 19th. Connect with other small business owners and entrepreneur supporters to talk about the challenges and triumphs of owning a business in the Shenandoah Valley! Free lunch will be provided.
The Shenandoah Valley is a beautiful region with a lot to offer businesses, but there are also some challenges to doing business there. Some of the most common challenges include:
Access to capital: The Shenandoah Valley is a rural region, and it can be more difficult for businesses to access capital than in more urban areas. This is especially true for startups and small businesses.
Workforce development: The Shenandoah Valley also faces some workforce development challenges. The region has a relatively low unemployment rate, which can make it difficult for businesses to find qualified workers. Additionally, the region’s population is aging, and there is a need to train and upskill the workforce to meet the needs of growing businesses.
Transportation infrastructure: The Shenandoah Valley is located in a relatively remote area, and transportation infrastructure can be a challenge for businesses. The region has a limited network of highways and airports, which can make it difficult to get products and services to and from the region.
Access to broadband internet: Broadband internet access is essential for businesses in today’s economy, but not all areas of the Shenandoah Valley have access to high-speed internet. This can be a challenge for businesses that need to be connected to the global economy.
Despite these challenges, there are many resources available to help businesses succeed in the Shenandoah Valley. The Shenandoah Valley Partnership, for example, is a non-profit organization that works to promote economic development in the region. The Partnership offers a variety of resources and services to businesses, including access to capital, workforce training, and marketing assistance.
Overall, the Shenandoah Valley is a great place to do business. The region has a lot to offer businesses, including a strong economy, a skilled workforce, and a beautiful natural environment.