Location Advisory Services: Empowering Your Business Growth
April 23, 2025
At Honkamp, we know that strategic location decisions are crucial for your business's success. Our Location Advisory Services are designed to help you make informed choices that drive growth and maximize investment benefits. Here's how we can elevate your business:
Relocation
Relocating your business can be a game-changer, offering substantial economic incentives. Our specialists are here to guide you through the complexities of relocation, ensuring you seize investment benefits that can range from 5% to 15% of the invested amount. We analyze potential locations, assess economic incentives, and provide strategic recommendations to streamline your relocation process.
Expansion
Expanding your business is an important step towards long-term growth. Our team offers tailored advice to support your expansion plans, whether you're increasing your operational footprint or entering new markets. We help you pinpoint the best locations for expansion, considering market potential, infrastructure and regulatory environment.
Making Capital Investments
Investing in new equipment and infrastructure is key to staying competitive and driving innovation. We assist you in making capital investments exceeding $1 million, ensuring you make informed decisions that align with your business goals. Our advisory services include evaluating investment opportunities, assessing financial implications and identifying potential funding sources.
Adding New Net Jobs
Creating new jobs is a win-win for your business and the local economy. We support your efforts to add 20 or more new net jobs over a five-year period, with economic incentives ranging from $5,000 to $15,000 per new job. Our team helps you navigate the process, from identifying suitable locations to securing incentives and ensuring compliance with local regulations.
Site Selection
Choosing the right site for your business operations is a critical decision that impacts your long-term success. Our site selection services are designed to help you identify the optimal location based on your specific needs. We conduct thorough analyses of potential sites, considering factors such as accessibility, infrastructure, labor market and economic incentives.
Compliance
Navigating regulatory requirements is essential for maintaining smooth operations and avoiding potential pitfalls. We’ll ensure that your business adheres to all relevant regulations and standards. We provide guidance on local, state and federal compliance requirements, helping you mitigate risks and maintain operational integrity.
Honkamp is committed to empowering your business with strategic location decisions that drive growth and maximize investment benefits. Our team of specialists is here to guide you through every step of the process, ensuring you make informed choices that align with your business goals.