Fraud is an ever-present risk for any business, regardless of geography. One of the biggest threats to businesses of all sizes is cybercrime. Manipulation of business-to-business payment channels has resulted in an increasingly challenging environment for business owners and controllers alike. Consider the following case study as an illustration of the threat:
During my time at Invest Buffalo Niagara, I’ve helped over 90 Canadian companies expand into Buffalo Niagara. The process includes unique challenges and motivations. One of those motivations for business owners to expand is the ease of access Buffalo Niagara provides to Canada and southern Ontario. Here’s the pitch, by the numbers.
When working with Canadian companies considering a Buffalo Niagara business expansion, availability, costs, and market conditions are always primary concerns. Canadian business owners are unsure of the availability of commercial properties, average sale/lease rates, and the current trends relating to Buffalo Niagara real estate.
One of Buffalo Niagara’s greatest assets, regardless of industry, is its academic institutions. The eight county region has 21 colleges and universities. Within 100 miles of downtown Buffalo, that number expands to 47.
The insurance sector in Buffalo Niagara is strong and has the potential to grow even further. The region features 8,000 current insurance employees with a strong educational pipeline from our 21 colleges and universities. Median hourly wages are lower than comparable metro areas and cost of living is lower as well.