Third Quarter Is Important
With football season almost upon us, most of us can’t wait for that first kickoff. The usual flood of sports talk shows, message boards, and other football hype have already begun with familiar, if not overused clichés.
One of the many football standards that coaches and announcers love to bring up is the importance of starting the second half, or third quarter strongly to build momentum for the final push toward victory. The same applys to our local economy.
Of course, there are many more substantial economic indicators, like unemployment rate, retail sales, and tax revenues to gauge the economy, but don’t discount one of the simplest, if not the most scientific methods: tracking local ribbon cuttings.
Through the first half of the calendar year, Chamber ribbon cuttings in Enterprise were off substantially with only 11 events conducted through the first 6 months.
But we seem to come out of the locker room fired up, because we have conducted or scheduled more ribbon cuttings in July and August than in the entire first half of the year. And summer is traditionally a slow period for these activities.
I don’t know if the coach gave us a great pep talk at half time, or if things have just started to come together, but whatever the reason, I’m glad to see more businesses open their doors.
Let’s keep the momentum going.
August 10, 2010 at 8:32 pm
Your forecast is encouraging. I would love to start a business in Enterprise…any suggestions?
August 10, 2010 at 11:16 pm
Write a good business plan, do your research, and follow the plan. If you need help, just contact the Chamber.