Guaranteeing Success in Starting a Business
According to the Small Business Association, “7 out of 10 small businesses will succeed for 2 years, about half of which will survive for more than 5 years” (that means 15% survive greater than 5 years). Conversely, according to Wikipedia, “historically, 87% of business incubator graduates stay in business.”
Meanwhile, Answers.com provides some of the advantages of joining a business incubtor including:
- Shared operating costs.
- Consulting and administrative services.
- Access to capital.
- Legitimacy in the community.
- Universality of the incubator concept.
- Comradeship of fellow entrepreneurs.
But, is incubation the only co-operative entrepreneurial concept on the market in 2011? The answer is NO! At WINcompanies.com, we offer professional service and high tech firms the ability to conglomerate with other highly talented firms under our Business Accelerator allowing for the following additional benefits:
- Corporate legal counsel.
- Liability coverages.
- CPA and volume discounts.
- Corporate perks.
- Access to large group health insurance.
- CFO services including analysis of: corporate financial package, business plan, cash flow (or burn), forecasting.
- Support of strong management team.
This conglomeration allows a business with several employees, to enjoy all of the benefits of being a business with more than 100 employees. At the same time, it enables the business owner to focus on their product or service and not the business’ overwhelming daily infrastructure needs that detract from the owners primary focus; selling and serving clients. The savings in both dollars and time spent (opportunity costs) are priceless.
Acceptance to the WIN Business Acceleration program is by interview and invitation only. For more information, contact us at info@WINopp.com.
Virginia Lorimor, CPA*
Chief Excellence Officer
The WIN Companies
entrepreneurship, starting a business, business incubation