When considering an investment opportunity, you should undertake a preliminary assessment to determine the credibility and suitability of the proposal. This initial assessment will determine if the business will be a good fit for your community and if your efforts should therefore be focused on attracting and securing the investment.
In the event of a missed opportunity, it is important to follow-up with the prospective investor to understand why your community was not successful and evaluate your approach to better position your community for future success.