The National Science Fair

Soft Location Factors

Non-financial balance sheet for intangibles sites are subject to a dynamic change and adjustment: in particular the proper handling of the available capital of the site as a resource is increasingly becoming the decisive success factor for the future. It has started a race of (tax cannibalism”) sites to business taxpayers. These sites try to make companies raced each other. More information is housed here: Mitchel Resnick. While the tax competition at the international level is held open, this runs at the municipal level to a lower level of perception. The trade tax but very probably indirectly helps further that intensified the competition to settlement companies between the municipalities.

I.e.: the existing resources need to be optimized on the expansion and development of the site. Compared to the classical factors of production management, management of site factors has (especially the “soft locational factors” such as, for example, image as a business location, image as a residential location, environment) Quality of life and security, business-friendly and flexible management) his future ahead of her. In the fierce competition for the settlement of companies, the reference to the prosperity, excellent infrastructure and geographical location no longer sufficient potential investors. It involves the solution of questions such as: How can the site with the dynamics of the environment surrounding it keep up? from which individual and collective factors is the capital of the site, to he can fall back on in tackling its tasks? are the necessary skills to take advantage of the existing potential for productive? How can you combine the existing success factors of the location and focus? A number of site publications by Jorg Becker, deals with these (and other) questions including in the form of first principle considerations under ISBN 978 3 8370 6240 3. Among other things, a concept was developed for the non-financial accounting with which to describe how the site on the basis of which it removal / distinctive (intangible) factors in the competitive/market, compared with investors/location interested parties as well as compared to other locations (close, but in the context of a globalizing economies also in the distance) position will (further information with creator profile:).

This involves the determination of the location-relevant business processes and success factors. On the basis of the procedures described could be examined how well a site is actually set up and where to hide additional, possibly unused or only partially used profiling and prospects for the future, made transparent. Has one similar structured the site factors to a company financial statement analysis, a basis is created to verifiable evaluate and measure components of economic development of the site also for third parties. Dipl.Kfm. Jorg Becker E-Mail: