A Low Risk, High Potential Return Opportunity It is a Nation's inherent sovereign authority to regulate the conduct of persons and activities within its territory and jurisdiction, including the control of economic activity within its boundaries which includes a...
How is your C-Store Performing Compared to Your Competition?
We were recently asked to perform an assessment for a Tribally-owned convenience store (C-store) in the Midwest. Before we toured the facility and observed its operations, however, we had done our homework. As part of our process, the Tribe had sent us the C-store’s...
Tribal Economies: The Case for Diversification
In May, the President released his proposed budget with major cuts that will directly impact tribes across Indian Country. And as the growth of Indian gaming has begun to slow, now more than ever tribal governments should be focused on diversifying their portfolios as...
Economic Diversification Part 1: The Ongoing Need for Development
The economic development opportunities on reservations that feature predominantly trust land are fundamentally similar to that of large, master-planned land-use programs. The genesis of Indian Gaming is well-documented in terms of how it was based on the unique...
Economic Diversification Part 2: Planning for Diversification
The first step in evaluating diversification options is to analyze a tribe’s current customers, their demographics, desire for services and willingness to spend disposable income. Next, applying two economic development principles can support tribes as they work to...
Economic Diversification Part 3: Location
Location is everything, or so the saying goes. But that’s only partially true, and Indian country is living proof of that. Some of the most remote Tribal communities thrive thanks to off-the- beaten-path, destination-style resorts, tourism, utilizing natural...