Suggestions
1. The importance of this section varies depending on your investors and the nature of your business. A child care business or retail establishment may be more concerned with community relations than a trucking firm.
2. Be sure this section represents who you are and the goals of your company. It is easy to over commit time and money you don't have to benefiting the community.
3. Sometimes smaller but strategically important investments in the community will be more manageable and bring greater return than larger unfocused efforts.
4. Find out what the interests of your investors are. Can you direct your community benefits in a way compatible with and of interest to your investors?
5. This section reflects your commitment to social responsibility. Make your decisions thoughtfully.
Resources Needed to Write
1. Economic data on the local area and region.
2. Chamber of Commerce studies on the local area.
3. A source such as "Places Rated Almanac" (if you are in a metropolitan area) can provide an overview of schools, community facilities, etc.
4. Training and development plan or recommendation from your HR professional for your employees.
5. Names and addresses of local suppliers who can service your business needs.
6. Contact with the local civic organizations.
Economic development
1. How does your proposed business positively impact your local community?
" How many jobs will be created: skilled, unskilled?
" What local suppliers will you use? If none, why not?
Community Development
1. How will you be a good corporate neighbor in your local community?
" Do you provide products or services needed locally?
" How will you contribute directly to the community? Sponsor local events, donate money or equipment to a local civic or community organization, give your time to & particular cause, or . . . ?
Human development
1. What are your training and development plans for your workforce?
" How does your compensation plan compare in the local economy?
" Are you offering any family-friendly benefits or plans?