Click Here for the 2016 Merritt Travel Guide

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Second Annual Merritt Business Walk Report Available

Insight from Local Businesses Help Future Initiatives

Merritt —May 31, 2016— In 2015 the Business Walk Program was first brought to Merritt, with the event led by Nicola Valley Community Futures and partners. This year, the event was organized internally through the City of Merritt with plans to make the Business Walk an annual event.
On May 3, 2016 the City of Merritt along with 20 community volunteers completed the second annual Merritt Business Walk. The result included 102 business survey responses received, increased communication with the business community, and distributing business resource material. Collecting this information gives an updated snapshot of the Merritt business community, highlighting the challenges and successes that local businesses face. Individual responses are kept confidential throughout this report. The results of this report will assist City staff and Council with a better understanding of the local business community and provide direction moving forward. Will George, Manager of Business and Economic Development for the City of Merritt commented “The results from the second annual Merritt Business Walk will help build a better overview of the business community in Merritt and increase communications with businesses when programs become available.” Highlights from the 2016 Business Walk Report include:

Quick Facts:
• 102 business survey responses received from 20 volunteers
• The program expanded to cover a larger sample area from the community
• 59% of businesses have been operating over 10 years
• 87% of businesses were doing steady or above
• 1,233 employees (full, part, contract) work for the companies surveyed
• Top 3 Reasons for Doing Business in Merritt consistent with 2015:
1. Location
2. Clientele
3. Affordability
• Top 3 Challenges/Threats identified as:
1. Competition
2. Lack of Labour
3. Business/Customer Leakage
• Top 3 Suggestions to Help Business Thrive were identified under categories of:
1. Downtown
2. City Hall
3. Signage
• 3 businesses noted they would like to start up additional businesses in town
 
For More Information Contact:
Will George, Business and Economic Development Manager
City Hall: (250) 378-4224
Email: wgeorge@merritt.ca

More information and the full report is available: www.merritt.ca/doing-business/economic-development/business-walks