Starting your own business is a tricky thing, and quite intimidating at that.
With statistics like over half of businesses failing before the 10 year mark, it already seems like trouble from the beginning.
However, if you research the reasons why businesses fail from the beginning, you are already reducing your chances of being one of those unlucky corporations. When I was first starting my own business, I was very wary of my company becoming like the rest, so I sought the help of a business development center. A business incubator helps provide services and advice to new starting businesses. This is exactly what I was looking for in starting up my company. When I contacted the business development place, we talked over a few different things to help get my company a great head start. If accepted, I would start in my own incubator office space, which would be very low cost. There would be people with expertise in the field that I was trying to start my company that would help guide my business in the right direction. With their mentorship, they will also help me continue to learn more and meet people pursuing similar goals. There is also the chance of getting financial help as well. So as you can see, choosing to go with a business development center is an incredibly good choice if you are looking to create your own business. I am happy to say that my business passed the 2 year mark and is still going strong, and most of it I have the business incubator to thank.