Econmic Incentives to the people
If businesses like FedEx, Hondajet and others get incentives for doing their business somewhere, why shouldn't the common guy or gal?
In that vein of thinking, Walter Fancourt, owner of Liberty Oak restaurant, decided to open economic incentives to anyone.
He's got a series of deals labelled "Economic Incentives" that he began last week.
Times are slow for everyone, it seems. When money gets tight, fewer people eat out. So his plan is to drum up some business with a the ol' tried-and-true special.
"We're saving the economy one restaurant at a time," he said of his "incentives" plan.
Often the incentives that Greensboro City Council or the Guilford County Board of Commissioners will offer to a company for their business can be upward of several hundred thousand dollars.
So what's Fancourt think of those?
"I think it’s a good practice," he said. "I think that Greensboro needs to get things rolling, with the economy the way it is, but within reason. It can go too far. Some people want everything, but it’s got to be economically feasible."
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