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Paris Economic Development Corporation <br />Business Plan - 2012 -2014 <br />11 Is <br />A Model of success to Be Shared <br />The "four -leg stool" of economic development provides a basic idea of the key components that <br />a local economic development organization should address with its plan of work. With adoption <br />of this proposed 3 -Year Business flan the PEDC Board strives to be a best practice model of <br />successful economic development in a rural community and region. This business plan will <br />make strides to restoring the competitive advantage of Paris and Lamar County and Northeast <br />Texas. Our plans, strategies, processes and methods will be shared to assist other communities <br />create their own local economic future by recognizing their assets and coming together as civic <br />leaders to create success unique to their community. <br />Economic Development <br />Four -Leg Stool <br />Small Business <br />& Entrepreneurial <br />Support <br />Pro - Business <br />Public Policy <br />Business Marketing, <br />Retention 1, ° !t 1 !, Recruiting & <br />& Expansion Attraction <br />M <br />24 <br />