Business incubators (not to be confused with ‘business accelerators’) provide a warm, safe environment for start-ups to grow and develop. They may be privately sponsored or overseen by public institutions, such as universities, but their goal is to provide bulk resources to multiple new businesses. This can include access to much-needed capital funding. Incubators can be found throughout the world … Read More
Putting the Cart Before the Horse: Planning for the End of Your Business Before it Even Starts
If you search “how to start a business” on Google, you will see the words “business plan” a hundred times. Your business plan can be as flexible and custom-fitted to your venture as you want it to be, however, there are some components that cannot be overlooked, such as funding, organization and financial projections. The U.S. Small Business Administration is … Read More