At the start of the site selection process, most companies are considering many locations. But once we’ve helped them take a closer look, two or three prime candidates usually emerge — which means it’s time to do a comparative analysis.
A comparative market analysis is an in-depth look at two or three potential sites that weighs all the factors that could influence your location decision. It’s a breakdown of the cost of doing business at your potential new location — and it’s an analysis of the state and local incentives programs you qualify for.
We start by sending you an information request to gather vital statistics about capital investments, job creation, key objectives, and other details. Once we have the information we need, we’ll research tax rates, workforce availability, financial and corporate incentives, land costs, and other variables to give a qualitative and quantitative comparison.
After we submit our initial findings, you’ll get a chance to refine your data and objectives, and we’ll give you an updated analysis that will provide a clear picture of the strengths and weaknesses of each site to help you make the best possible decision about your new location.
Nobody understands the complicated process of comparative analysis better than us. We have a deep bench of CPAs, attorneys, MBAs, economists, strategists, and more who will work together to make sure you choose the right site — and that all starts with a detailed comparative analysis. Contact us today to learn more.