Tim Neville

The agriculture business in Iowa can definitely affect my future success and accomplishments. Living in Iowa and knowing, these businesses operate throughout the state might serve as a potential employer in the future. Although, being a student who expects to transfer on after completing their AA in Business Administration. I might ask myself how a Finance major with a Bachelor’s degree serves in the agricultural business world. The answer, I don’t know, I might find myself working as an analyst within one of the larger corporations in Iowa or possibly outside the state. Of course, I am not anticipating or even looking to work within agriculture, although it might turn out my talents fit better here rather than investments.

Today, we have been asked to give our thoughts concerning opportunities in Iowa. In Iowa, like any other state in the United States we have an abundant number of opportunities. One opportunity although I’m sure it has already been addressed by some. Concerns the marketing of out-of-state companies to relocate here to make use of our states low cost of living, and land values. We could import businesses from the coasts and offer them an opportunity to move their operations here to lower their overhead cost. Of course, Iowans have attempted to bring other companies here before and in the past either our marketing did not match the company’s expectations or we just weren’t able to give them a package beneficial to their company’s needs. If we could develop our white collar business districts and commercial zones in the state with these outside businesses and blend them with one’s already operating here. We could boast our state’s economy, increase our commercial business districts and enrich our local communities with the benefits these companies bring with them. Of course in order to do so, we must increase our technology in these areas. These typical businesses could range from any business including; investment services, computer technology, medical equipment supplies, marketing and advertisement firms, and the list of options almost seems endless.

With the modern worlds capability to stay connected all over the globe almost any business infrastructure could be relocated here with proper planning and good logistical background knowledge. The only real hurdle to overcome might be from supply line changes. Meaning some businesses would be impossible and not effective to bring here for the sole reason their resources cost more to move here then to continue were they reside currently. Our best plan of action to take must be to make note of what our state currently possess now. Then look at which businesses actually turn a profit and after we have completed this assessment. We could look to broaden our horizons here, by marketing to companies who could fill the gap between what already exist and what could be managed here cost effectively.

Our best idea should be based around national shortcomings or business with high overhead cost which still earn a profit consistently, but could easily increase an expand within their market from lower expenses while operating here. Two main factors concerning relocations of a company can be expensive, and we must market these businesses appropriately. Best part, after reviewing the concerned risk associated within their presumed conditions we can look to compensate them accordingly with concerns affecting they’re cost inflicted from relocation of their businesses here. With resources not developed to their fullest potentials, considering those who might only lack funding to satisfy their requirements to develop into a sustainable and intricate part of our state. One of the main problems to make these opportunities possible, might be as simple as getting adequate research, credible sources’ without questionable contradiction, financial sponsorship, developers who can be routed to these opportunities, finding marketers to make an image for these new businesses, and of course state image. A few businesses to obviously stay away from offering the opportunity move here. Must definitely be those with poor manufacturing potentials, those avoiding foreclosure, and businesses without respectable compensation back to the state and surrounding communities.  Iowa, a good place to grow, live, and expand your business. With people who care and the honest Midwestern work ethic.

Today started off with a bang. With the early start of the morning and arrival at the Capital Building. The first hour of the day consisted of meeting, and getting background knowledge from the people who work at the Capitol. After our first meeting we were led on tours of the capitol Georgia Van Gundy, Christina Gruenhagen, and Billi Hunt. I personally found from an educational standpoint and the career path of Georgia to be the most interesting of the group. Her duties involving financial information used in decisions and business in the Capitol building. It seems though her position makes for a close working environment with Billi. Knowing I am a Business major, looking to transfer on to complete with a major in Finance and possibly a minor in real estate. Her concerns with legal issues and the questions I already find myself wondering from class work I have already completed. After the statements she made on how they address business matters and the work Billi does to ensure legal practices are followed. A relationship I am sure I will need to make for myself in my professional career, as well as my own future private business ventures.

The greatest I can contribute to Iowa’s future, can only be myself and willingness I have to make a difference in the future of Iowa’s future. I am intending on volunteering my time and charitable contributions to Iowa and already volunteer. Though, I am actually looking to begin to take some part in the communities who have helped me to achieve my success in the future.