Visit the Metro Tech Business Development Centers
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Email your questions to bis.coach@metrotech.edu
Business Coach
Business Coach is a weekly series of radio shows hosted by small business coach Sharron Jackson of Metro Technology Centers. Sharron discusses all aspects of starting and managing a small business.
Duration: 32:30 m - Filetype: mp3 - Bitrate: 128 KBPS - Frequency: 44100 HZ
Business Coach 004 - Small Business Incubators
Guest Reinaldo Diaz
Director of Metro Technology Centers
Business Development Center South
309 SW 59th, Suite #302
Oklahoma City, OK 73109
405-778-8629
Small Business Incubators nurture young firms, helping them to survive and grow during the start-up period when they are the most vulnerable. Incubators provide hands-on management assistance, access to financing and exposure to critical or technical support services. They also offer entrepreneurial firms with shared office services/equipment, flexible leases and expandable space. Metro Tech also offer administrative and operational business support to increase the possibilities of success. The National Business Incubator study shows that 80 percent of new business fails within the first five years. Fifty two percent fail because of management related problems, and 48 percent fail due to lack of capital. However, when a start up business is affiliated with an incubator, 87 percent survive. This figure isfour times the national average.
The Solution to Start-up your business is A Business Incubator. For more information go to www.metrotech.org/business
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