The Wisconsin Dells area is experiencing a severe drop in the individual business operator density. This occurs as a later stage in a declining economic environment.
The increase cost of importing labor from outside of the Country through the J1VISA Program - contributes to a much higher than normal business lease failure rate across the Wisconsin Dells area.
This creates a much lower density of individual business operators. Said another way - one operator typically occupies multiple business locations in the Wisconsin Dells area. Consider the following :
In the off season Mac's Restaurant and Famous Dave's Restaurant close their down town Wisconsin Dells locations - but leave their Lake Delton locations open year round. Now - rather than four business locations performing financial transactions which result in a contribution to the resort tax fund - we only have two.
The lower density of individual business operators is correlated to a drop in annual Wisconsin Dells area resort tax contributions. The Wisconsin Dells area has entered stage II of the convention hosting industry.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment