A written economic development strategic plan that displays the vision and the goals of the municipality will help the municipality execute them.
The town of Farmington biannually updates their economic development strategic plan. Farmington’s consultant THE PERT GROUP conducted a survey for its residents on their thoughts and ideas for the town’s current condition. The results of the survey were used to help plan the new economic development strategic plan. Furthermore, Farmington’s Economic Development Department implemented a business planning workshop with Journey Communications. This workshop allowed Farmington to clarify their ideas and break them down into a five-year vision, a one-year strategy and a 90-day action plan.