Business Startup Prerequisites and incubation

Issue: 

The US Census Bureau shows that an average of 4.4 million businesses are started every year in the United States. That number is averaged from 2019 to 2022. Of course, not all of these newly formed businesses will stick around—in fact, research from the US Small Business Administration shows that 50% of new businesses survive beyond five years and this number continues to decline significantly in the 6th, 7th and every consecutive year.

Problem: 

Every business has its own unique reason for failure.

Sometimes, it’s a matter of government politics. Sometimes, competition gets the best of them. Other times, finances are just not in check. And sometimes, mismanagement is to blame—and the list goes on and on.

The key to success lies in identifying the root cause of failure, and then figuring out how to avoid those pitfalls in the future.

Solution:

Many people who start up businesses don’t realize just how hard it can be for a new company to succeed until they start to experience it themselves.

That’s why I have created a workshop to help you take the guesswork out of starting your own business and make sure it has the best chance at success!

So if you’re looking at starting a business, don’t be afraid to take the leap!