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Jefferson County Swot Analysis

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When looking at local economic development it is important to consider the strengths, weaknesses, opportunities, and threats. This is considered a SWOT analysis, and is essential to any strategic planning for business. SWOT analysis’ is used by businesses and investors when considering to start or improve a business. However, SWOT analysis can also be used when planning economic development.
Strengths
Jefferson County has many strengths that should be considered when thinking about economic development. For starters is the easternmost county in West Virginia, which places it within the Washington DC Metro area, as well as being bordered by Maryland and Virginia (JCDA, 2016). This gives Jefferson County a very distinctive location for tourism as well as commuting opportunities for residents to larger cities. This gives Jefferson County a highly competitive workforce of a major metropolitan area while allowing it to keep a small-town charm (JCDA, 2016).
Further Jefferson County’s location also gives it access to major markets because of highways …show more content…

The first of which is that while Jefferson County has the best telecommunications and Internet access, and the state of West Virginia is still relatively poor compared to the rest of United states (Lynch, 2015). This is compounded by the fact that fiber optics pipeline for the East Coast runs through Jefferson County, but residents of the county do not have access to fiber-optic service. Also Jefferson County was recently designated as a drug epidemic region because of the trafficking of heroine through the county (Maccaro,2016). Additionally, Jefferson County is the only county in the immediate area that has impact fees for both commercial and residential projects. And finally probably the largest this in Jefferson County is that West Virginia as a whole is going through political transition, and this brings legislative uncertainty for the

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