They said it. We're reporting it. Fifteen industry forecasts lead the way into 2020.
Projection: Even with the uncertainty of this election year, everybody’s boats will be pretty full throughout 2020 with a strong volume of construction projects.
Projection: Legislative progress will slow in 2020 as lawmakers prepare for the November election.
Projection: Springfield will continue having events to encourage discussion. But at some point, talk has to turn into action.
Projection: Springfield’s small-business economy won’t experience significant growth in 2020, but it is a healthy place for a youthful workforce.
Projection: Local focus will remain on community health efforts to stay educated and prepared for whatever comes next.
Projection: Banking remains strong, but it must remain adaptive with new technology and prepare as the next recession looms.
Projection: There will be softness and a wait-and-see attitude that could affect the economy and limit industry growth.
Projection: Branson will have its best year on record.
Projection: Nonprofits will be challenged to bring in new donors for operational costs.
Projection: Quality of place is going to become a big factor in economic development.
Projection: Springfield’s food scene will shift in 2020 as big-name restaurants change ownership or close their doors.
Projection: The technology industry will see more focus on the health and utilization of data in the workplace in order to make faster and better decisions.
Projection: The shopping local trend will continue to grow as online ordering from places like Etsy, thought to be synonymous with shopping small, is getting tired.
Projection: Elder law, intellectual law, law related to the #MeToo movement, health care and cannabis, are going to occupy the profession.
Projection: Schools will have to be innovative and adapt to the trends of growing acceptance of online education, the broadening of transnational education and filling in the skills gap.
SBJ survey data is used to analyze the flow of money.
Michael Smith and Chris Sawyer, COO and CEO of Next Level Solutions respectively, discuss how they keep their remote teams and offices in and out of country on the same page. Next Level Solutions was ranked #1 in the Springfield Business Journal's 2021 Dynamic Dozen.
John Oke-Thomas, architect and co-founder of minorities in business, responds to the accusation that minority businesses are only successful because of the priority they have received in lending. He says that if a business uses a loan well, it shows their worth.
Sandra Smart, a technology and commercialization specialist, shares tips for entrepreneurs who are ready to seek funding. Some of her tips apply broadly; some target technology industry businesses. Smart works with tech entrepreneurs and startups, and hosts training workshops through the Missouri SBDC at Missouri State University's efactory.
Hollie Elliott discusses common misconceptions about locating your business in a small town. She says that there are a lot of benefits that people may not consider.
Drawing on his own experience dynamically evolving his company and business model, Jim Meinsen discusses when and how you might need to draw on new technology. Jim and Debbie Meinsen are co-owners of TCI Graphics in Springfield.
John Oke-Thomas, longtime Springfield architect, discusses his philosophy on architecture. He says that future historians will be focused on the sustainability of our contemporary architecture.
Erin Hedlun, director of marketing and communications at Evangel University, says compassion is an important job skill. Hedlun says it is a component of what makes a leader.
Rachel Barks, owner of Artistree Pottery, talks about the concepting that went behind the aesthetic of the business.
Caleb Scott, coach and co-owner of Queen City Insane Asylum football team, says he had to sacrifice early on to make sure his team had places to play. With the business climate at the time, it wasn't easy.
Aaron York talks about the culture he fosters at Donco3 as the general superintendent. York says the key is to treat your business like family.