Jobs are a precious commodity.  With new investment and job creation scarce, state and local government officials recognize the necessity to mull over strategies which will enable communities to protect the jobs that currently sustain their economies. In many cases these efforts have resulted in a more accommodating environment for securing tax incentives, credits, and grants. Comprehensive knowledge of the positive fiscal and economic impacts one's business, for-profit or non-profit, has on local and state economies is crucial when competing for financial benefits.  Furthermore, clear and effective communication of this information can be utilized to enhance public relations, marketing, and lobbying efforts.

This information can also facilitate state and local economic development officials in deciding how to affectively allocate limited resources and benefits by providing a valuable tool for evaluating which businesses generate the highest impact for their constituents.

Incentis Group has proven time and again that our Economic and Fiscal Impact Studies illustrate the positive impacts one's business generates within local and state economies by forecasting long term: 

• Employment - Direct, indirect, induced, and construction period job creation and retention:
• We identify the primary jobs and estimate the secondary job impacts of the retained and created employment from specific industry classifications. We also estimate the construction period employment impacts.
• Earnings - Direct, indirect, induced, and construction period earnings generation and retention:
• We identify the primary employee earnings and estimate the secondary earnings impacts of the retained and created employment from specific operations. We also estimate the construction period earnings impacts.
• Economic Output - Economic output generated by new or existing operations across all industries of the state and local economies:
• Each operating facility generates economic output within an economy in the form of inputs required from operations of other industries within the economy. We estimate that total economic output generated across all industries within the state and local economies as a result of the primary facility.
• Fiscal - Direct, indirect, induced, and construction period state and local tax and fee generation and retention:
• We identify the direct taxes generated by a specific operation and estimate the indirect and induced taxes generated as a result of the operation. Such taxes include corporate income/franchise taxes, payroll taxes, corporate property taxes, secondary and residential property taxes, sales and use taxes, and development and impact fees where applicable.