February 14, 2024 – ARVADA, CO. The Arvada Chamber of Commerce, in partnership with the Arvada Economic Development Association (AEDA), is pleased to announce SizeUp Arvada, a free online tool that makes powerful market research and business intelligence available to local businesses.
SizeUp Arvada helps to level the business playing field by empowering Arvada entrepreneurs and small businesses with important data insights that typically only large corporations can afford to access. Entrepreneurs can use the software to estimate the viability of their future or current business and test assumptions of their business plan. Users simply input their business industry and location into the tool, and it generates research that is individually customized for each company.
Using SizeUp Arvada, local businesses are able to:
- Benchmark performance compared to industry competitors
- Discover customers and suppliers
- Optimize advertising to target ideal customer segments
- Analyze the demographics, labor force, and consumer base of their area
- Explore potential sites for their business
“The Arvada Chamber and AEDA frequently receive requests from businesses for direct assistance and connection to service providers, particularly related to marketing and workforce,” said Kami Welch, Arvada Chamber President & CEO.
“SizeUp Arvada allows busy entrepreneurs to access critical data at any time to help them make informed decisions for the benefit of their business and their staff.”
In 2023 Q2 and Q3 Arvada Resiliency Taskforce surveys, the top eight business challenges included “Not enough customers,” “Supply chain issues,” and “Ability to effectively market my business.” The inclusive data available to all businesses through SizeUp Arvada is designed to help the Arvada business ecosystem tackle these challenges and thrive.
“We are excited about this partnership to offer this service to our business community and prospects that are looking to locate in Arvada,” said Iza Petrykowska, Executive Director of AEDA. “This tool will provide businesses with data-driven decision making to guide their business strategy and success.”
The software powering SizeUp Arvada won the First Place award from the United States Department of Commerce for a business app that helps American businesses be more competitive, improve their success, foster prosperity, and create more jobs. Requests for demonstrations of the tool are available to Arvada businesses and non-profits on the website.
This new service is completely free to local businesses and available anytime on arvadachamber.org/SizeUpArvada.
If you are a new business or looking to expand your business in Arvada, please reach out to AEDA. AEDA is a free resource to all businesses in Arvada and provides initial property search assistance and support in navigating development and permitting processes for commercial developments. Please email bizinfo@arvada.org.
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