Struggle is
just amazing, more you run away from it, more it will boomerang. In this era of
cut throat market competition, startups galore are struggling to establish
themselves as a brand. Plenty of reasons for that!!! Why should established brand
allow you to take a pie out of the market share???
Situation
becomes worse, when you are from a first generation business family, fresh
business graduate, novice in business world.
On the top
of it, there are alarming statistics pertaining to the future of new companies,
products, services. A research carried out by leading business school of U.S.,
Harvard Business School brings forth shocking revelation. The report says:
“About 70% of the new businesses fail to perform in the crowded market, driving
them towards the closure of the entity. It’s really a very embarrassing
scenario. But that’s truth. You just can’t push the truth under the
carpet.
What
experts say
I do agree
optimism is good; however, can we ignore the credible statistics. Should we
unanimously put an embargo on the inception of new companies, products, or
services??? That can never be the
solution. Stop complaining, time to leverage the tried and tested theories!!!
Experts from industry have been working on theories, plans, which can withstand market
challenges, enabling startups to scaleup. One of the tried, and tested theories
is Startup Incubators.
What’s
that magic
Risk taken
without comprehensive planning may boomerang. Calculated risk pays dividend!!! Result
shows, companies executing Startup Incubator plan excels in the market,
overcoming stiff market competition. Many new companies, first generation businessman
render credit of the success of their dream company to the wonderful phenomenon.
Services being offered
There are many
entities across Europe, America, also in Indian sub-continent, offering a
bucket of services, driving businesses towards growth. Here is the list of services offered
by such specific entities:
- · Provide support in developing relevant documents.
- Support in sales and marketing.
- Support in nurturing business etiquette.
- Support in exploring collaboration.
- Sharing comprehensive training.
- Help in exploring mentors.
- Provide assistance in business basics.
- Help in exploring networking opportunities.
- Support in with regulatory compliance.
- Provide support in intellectual property management and legal counsel.
- Support in creating a board of directors.
- Managing/ providing support in accounting/ financial management assistance.
- Guide in accumulating capital, bank loans.
Accomplish your dream at Innovify
Start exploring the expertise of Innovify!!!
If your idea, concept is wonderful, leveraging their expertise, you can realize
your dream of running a successful startup.
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