Navigating Tariffs and Market Uncertainty: Why Now Is the Time for Chambers & EDOs to Launch a Business Retention and Expansion Program

Navigating Tariffs and Market Uncertainty: Why Now Is the Time for Chambers & EDOs to Launch a Business Retention and Expansion Program Main Photo

14 Apr 2025


News

In today’s unpredictable global trade environment, local businesses—especially small and medium-sized ones—are under immense pressure. From rising tariffs and disrupted supply chains to ongoing inflation, they’re facing operational challenges that threaten their long-term viability. For chambers of commerce and economic development organizations (EDOs), this is a critical moment to step in and provide support.

A well-executed Business Retention and Expansion (BR&E) program doesn’t just support local businesses—it builds resilience, fosters trust, and helps communities grow stronger from within. However, we recognize that many organizations are stretched thin. With limited staff and resources, launching a comprehensive BR&E initiative can feel daunting. That’s where Golden Shovel Agency can help.

Read the full article from the Golden Shovel Agency here.