​What is a business incubator and would you want to start your business this way

Business & Finance
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What is a business incubator and would you want to start your business this way? 

Please support your answer by showing the advantages and disadvantages.
Nov 11th, 2015

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Business incubator are organizations advanced toward speeding up the growth and success of startup and early stage companies. They’re most of time  a good path to capital from a state governments, angel investors, ,economic-development coalitions and other investors.

To starting our own business this way depends on  Incubators which can  vary in their strategies. Some are located in an actual physical space meant to foster networking among entrepreneurs and their coaches. Others operate on a virtual basis.

Advantages: The business not only gets access to a potential buffet of capital choices, but also a host of intangible benefits including mentor-ship, expertise and networking. 

Disadvantages:The very benefits that can make incubators so useful -- constant mentorship and networking with entrepreneurs -- can damage our focus during crucial early stages.

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Nov 11th, 2015

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