Business owners need to be able to reach their target audience in the search engine ranks because websites like Google will say it has already seen this content, instead of new content. She said her business looks at what keywords people use when they search for a similar business, how people find those businesses and the best way to get people talking about it.
Having gone through our business plan and looked through our concept and processes, the business consultant deployed the SWOT strengths, weaknesses, opportunities and threats analysis that would help in determining our rate of making it in the industry.
We also have put much emphasis on our business structure in the sense that we are careful in sourcing for and recruiting the right employees who are professionals and competent enough to ensure that we attain our corporate goals and objectives.
Also, we are strategically located in Mountain View — California as there are new start-ups cropping up every now and then in the service based industry often looking for guidance on how to succeed.
Finally, the experiences that our owner, Brad Bradley is bringing to the table are more than likely to help us attain our corporate goals and objectives and succeed.
Weaknesses Our weaknesses lie in the fact that we are mostly a virtual business incubator offering services to our clients, and this might affect clients who are not in our geographical location.
Also, the service based industry is one that requires that we might have to intensely compete with other already established business incubators for clients; however we have put strategies in place that would ensure we create awareness for our business.
Opportunities The opportunities that abound for us as a business is in offering other new services that might crop up as the business and industry evolves leading to more streams of income. Also, there are many investors looking to invest in service based ideas and so we would not have a lack of investors for start-ups requiring this.
Threats Every business is faced with threats every now and then and as a business we are prepared to face any threats that might crop up during the course of starting or running this business.
Therefore the threats we are likely to face are government policies concerning business incubators that are established for profits.
Also, we are likely to face the threat of an arrival of a competitor in same location offering same services as we do. However as ataccording to the National Business Incubator Association on the state of the business incubation industry, it was found that business incubators had tripled.
Also, most of the incubators that receives higher attention and funding were those that were in technology-based. Incubators that have also received a fair share of attention are those that target disadvantaged populations such as minorities and women.
Business incubators especially those for small businesses have played a major role in economic development by enhancing the survival rates of companies. This has led business incubators especially those for small businesses to be seen as an accepted economic development tool in the rural and urban areas all over the United States of America.
Our Target Market In deciding the target market for our business incubator program so as to know what range of customers we would be likely serving here in Mountain View — California in reference to our niche category as well as all over the United States of America, we have conducted a market research that would help us in this regard.
The reason for the market research is so as to know what our target market would likely be expecting from us. This would allow us draft the best strategies that are not only effective but also necessary in ensuring that we rightly penetrate our target market. Therefore form the result of the analysis; we are in business to offer our services to the following customers; New Start-ups in the service based industry Growing service based businesses in need of an accelerator Other business incubators Our Competitive Advantage Bulb Business Incubator Inc is being established to help our clients achieve their corporate goals of breaking into the market, securing investment or getting acquired.
With this, we have come up competitive strategies that will allow us compete favorably as well as have an edge over our competitors. First off, our virtual as well as physical location is opening us up to having more customers than we would have if we were strictly serving customers based on physical locations.
Another edge we have is in the offering of standard services regulated by international best practices. Our clients also get a dedicated and competent staff that helps them reach their intended goals. We have also hired competent and professional employees who now and understand the market well to help us achieve our corporate goals.
Our employees have the necessary expertise that will inspire our clients and an excellent customer service that will ensure that we get referrals from our successful clients.
|Search form||Main Content What is an Incubator? An incubator is a business support process designed to assist start-up and emerging businesses.|
|Explore Affiliates | Kauffman FastTrac||It reflects a growing belief that this small city and region, which was built on the innovation of carpet industry pioneers in the last century, can create a new and prosperous reality in this one.|
We not only intend for our clients to work in a conducive and creative stimulating environment, but we are also paying them well better than most similar start-ups in the same industry here in the United States of America.
This is aimed at motivating them to put in their best in ensuring that the business grows to the required standard. We intend to offer our clients various services that are intended to bringing in more revenue that will ensure the sustainability and growth of our business.OfficeMax said today stores in downstate Carbondale and Decatur and suburban Elk Grove Village and Lansing will be part of the plan announced Jan.
10 to close underperforming locations. The Illinois Small Business Administration Office delivers a variety of programs and services, such as startup and operational assistance through small business training and counseling, financial assistance for startup's, business opportunities and much more.
What is an Incubator? An incubator is a business support process designed to assist start-up and emerging businesses.
While emphasis is on providing flexible space for tenants, business support via coaching, access to financing and a host of other services are available. r-bridal.com is ranked in the world (amongst the 40 million domains).
A low-numbered rank means that this website gets lots of visitors.
East Central Illinois University Center Illinois Incubators Study April 22, Study of Illinois Incubators: Landscape –Small-city and rural incubators provide space, students prototyping and business plan development across multiple disciplines.
The incubator has two offices located in.
ARC Projects Approved in Fiscal Year ARC approves funding for more than projects annually throughout the state Appalachian Region. These projects include. Saluki Times November 17, By Christi Mathis 11/17/ CARBONDALE, Ill. -- Southern Illinois University Carbondale faculty and staff are benefiting from a program designed to help them commercialize their research and innovation technologies. Market information can also be secured by offering a workshop or seminar that highlights some of the proposed business-service components of the incubator (for example, a workshop on developing an effective business plan or one on the accounting needs of small businesses).
The Office of Economic and Regional Development at Southern Illinois University Carbondale established the Small Business Incubator Program with assistance from the Illinois Department of Commerce and Economic Opportunity (formerly the Illinois Department of Commerce and Community Affairs).