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Business Incubator Top Tips From The International Business Guru

Before we discuss the business Incubator top tips from the International business guru it would be prudent of me to explain some of the startling facts and statistics about new business start-ups.

Business Incubator & International Business Guru Statistic #1: Business Start Up & Failure Statistics

- 400,000 new businesses start up each year in the UK.

Business Incubator & International Business Guru Statistic #2: Business Start Up & Failure Statistics

- As many as one fifth of these cease trading within their first 12 months.*

Business Incubator & International Business Guru ru Statistic #3: Business Start Up & Failure Statistics

- Some economists state over 50% of small businesses fail in the first year.

Business Incubator & International Business Guru Statistic #4: Business Start Up & Failure Statistics

- Some economists state 95% fail within the first five years.

400,000 new businesses start up each year in the UK. As many as one fifth of these cease trading within their first 12 months.* Some economists state over 50% of small businesses fail in the first year & 95% fail within the first five years.

The business Incubator top tips from the International business guru, highlights the 9 main reasons why businesses fail, & how a new business operating in a business incubator achieves a high rate of success.

The 9 Main Reasons Why Businesses Fail

Business Incubator & International Business Guru Fact #1:

1. Poor marketing:

Business Incubator & International Business Guru Fact #2:

2. Cash flow problems:

Business Incubator & International Business Guru Fact #3:

3. Poor business planning:

Business Incubator & International Business Guru Fact #4:

4. Lack of finance:

Business Incubator & International Business Guru Fact #5:

5. Failure to embrace new technologies:

Business Incubator & International Business Guru Fact #6:

6. Poor choice of location:

Business Incubator & International Business Guru Fact #7:

7. Poor management:

Business Incubator & International Business Guru Fact #8:

8. Poor human resource relations:

Business Incubator & International Business Guru Fact #9:

9. Lack of clear objectives:

Franchise Businesses have a 90% success rate. * * Daily Mail 07.01.08

Business incubation’s flexibility dictates a success rate of 98%.*

- 87% still survive after 5 years of starting. *

- *UK Business Incubation (the international membership and best practice body)

The Concept Of Business Incubation

- Business Incubation (BI) is a unique & highly flexible combination of business development processes, infrastructure & people.

- BI is designed to support and fast track new & small businesses, products, innovations & entrepreneurs by offering support through the early stages of development and/or change.

What Is Business Incubation?

- Business incubation provide SMEs and start-ups with the ideal location to develop and grow their businesses, offering everything from virtual support, rent-a-desk through to state of the art business facilities and everything in between.

- They provide direct access to hands on intensive business support, access to finance and experts and to other entrepreneurs and suppliers to really make businesses and entrepreneurs to grow.

Q: Why Does Business Incubation Work?

A: Business Support & Expertise

- Every growing business needs the right accommodation; Most people in business incubation are attracted by the ease of monthly rental and an early exit option if things aren’t working out for them.The added value of specialist business expertise and on-going support and advice generally keeps them hooked.

- Starting any business is fraught with uncertainty, financial burdens and resource issues.

- Incubators offer the opportunity of not making the same mistakes other businesses have in the past.They also generally provide a route to business finance coaching and mentoring.

- Little realistic business support is offered to aspiring entrepreneurs from minority & disenfranchised groups

The Goal Of Business Incubators

- Business incubation provides an environment for the internal passage of business advice, support and nurturing required during the early start up phase of business development.

- The goal is to increase the chance that a start-up will succeed, and shorten the time and reduce the cost of establishing and growing its business.

- If successful, business incubators can help to nurture the companies that will form the true creators of a region’s or nation’s future wealth and employment.

Business Incubation Objective

Business Incubators have been used to achieve a wide range of objectives. Primarily those that small businesses are good at; i.e.

1. Creating jobs

2. Developing innovative ideas

3. Diversifying the local economy

4. Generating activity and wealth by creating a vibrant small business sector.

UK Business Incubators

1. Approx’ 300 UK business incubators.

2. Supporting over 20,000 dynamic, creative and innovative businesses.

3. Supporting all sectors, including ICT, science, technology, creative industries & social enterprises.

4. All manner of entrepreneurs represented.

5. No age limit, gender or physical discrimination.

About UK Business Incubators

- Research demonstrates that each incubation client business leads to approximately 167 employment opportunities per incubation unit. Each unit averages 30 businesses.

- Many (59 to 60%) of incubators run ‘outreach’ services, providing support to commpanies outside of the incubation unit.

Location Of UK Incubators

- Stand alone business incubators

- Science or business park

- University campus

- Laboratory

- Private sector large corporate

- Anywhere where there is a demand for intensive business support.

- Business incubators can be found in all regions and locations.

- They are located where the market needs them.

Assisting Entrepreneurs – Business incubator’s help to grow entrepreneur’s through tailored workshops and training, support in book-keeping and finance, assisting with tax returns and legislation.

- It offers a shoulder to cry on in hard times. – Or, will celebrate with you when you get those much needed orders.

Incubation Period

- On average, clients tend to stay within the incubation environment for 2 to 3 years.

- There are incubators that specialize in accelerating the growth of your business which operate on 6 month terms.

- It really depends on the nature of the business, the sector its operating in, and the demands of the product or service that have been developed.

What Would It Take To Start Up?

A consultancy service to present the following…

1. Feasibility report. Cost: �2,500.

2. Way forward strategy. Cost: �3,800.

3. Strategic business plan. Cost: �8,000.

4. Marketing strategy. Cost: �4,500.

5. Implementation plan. Cost: �4.700. Total: �23,500.

If a prospective new business incubator considers a start-up and meets certain criteria, these fees may qualify for between 40 to 50% grant funding.

The most difficult aspect of starting a new Business Incubation Unit

Finding the right Managing Director/ Chief Executive Officer of the incubation unit who has proven business growth skills to steer the unit forward towards self sustainability & profitability.

Managing Director’s Requirements

- Private Office.

- Personal Assistant.

- Office furniture, IT & tele-communication equipment.

- Occasional access to Board Room.

- Financial Package

Tags: Business, From, Guru, Incubator, International, Tips

Types of Online Degrees in International Business

International business online degree program is selected by students all over the world because its significance is growing increasingly. It includes all the business theories which are applicable internationally, the strategies which are important for international business and most importantly gives the required information of present international business worldwide. It has a variety of courses to offer, students usually opt for graduate and masters programs.

International business revolves around knowing the diverse cultures, creating an understating of international markets, socio-economic barriers within a culture, role of international relations in business and how its effects the international trade, the competitors of international markets and the etiquettes that are necessary for international business.

There are different types of online degrees in international business that various schools and universities offer. To purse an online degree in international business becomes valuable when supplemented with other degree programs. The schools and universities offer the same programs to the online students or compile the same courses that are being offered on the campuses. Therefore, students those are interested in pursuing international business degree can always apply for online degree programs.

To know what online courses in international business are being offered by different universities globally, there is always an option of researching the university online programs, which are given on the official websites of each University. International business online courses include accounting and finance, global corporation, international law, international trade and customs, strategies and traditional business disciplines. These courses provide a complete understanding of international business, which becomes helpful towards a successful career.

The programs for online degrees are that of online graduate degree, online master’s degree, MBA and graduate certificates. There are numerous Universities internationally that are offering online international business degree programs, a few are, University of Phoenix, American Intercontinental University, Colorado Technical University, Bellevue University and Ashford University.

With the technological advancements and growing communication, the career in this particular field is highly demandable in many areas. It directly has its connection with the economy of any country, because international business requires employees to learn about the strategies that set a certain business eminent in the international market. Therefore, the employees of any company can opt for online international business degree programs, even at the managerial level for some; the graduate certificate programs in international business are available.

Thus, the internet facility has been bridging the gap between quality education and its seekers. International business offering a wide range of courses, the types of online degrees in international business have provided access to educational institutions via internet, to obtain a great deal of knowledge plus a degree to implement the knowledge practically.

Tags: Business, Degrees, International, Online, Types

VH International Business Solutions, Inc. Marks a Major Company Milestone in 2009!

VH International Business Solutions Inc (<a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);” href=”http://www.ManhattanVirtualOffice.com”>www.ManhattanVirtualOffice.com</a>), proud of its success thanks Employees, Clients, Associates and Friends for their support on its 19th anniversary milestone.

VH International Business Solutions Inc, New York’s preferred executive office and voice mail provider, is celebrating its nineteenth anniversary in 2009.  With over 17 thousand clients since its launch nineteen years ago, VH International Business Solutions, Inc has become New York City’s destination for business professionals seeking a unique executive office organization.

“What started out 19 years ago as a basic virtual office support service has steadily grown into a business far exceeding anyone’s expectations,” said James Spence, VH International Business Solution’s vice president of operations.  “We are all very proud of this accomplishment and grateful to our clients and employees who helped get us here.”

VH International Business Solutions, Inc initially offered its services to the local market.  With the proliferation of consumer Internet access, the Company was the first in New York City to offer NYC virtual office services interactively via the World Wide Web. With this success, VH International Business Solutions established an instant business-to-business worldwide access to the New York market making available for the first time New York City virtual office services for organizations of all sizes, from the independent entrepreneur to enterprise-level Fortune 500 companies.

“Today VH International Business Solutions offers a comprehensive suite of executive office and business support services that can be tailor-made and bring about a meaningful difference for any company of any size in the world,” said Mr. Spence. “We pride ourselves on service that is reliable, efficient and competitively priced — all backed by our celebrated no-nonsense world class customer service. Our mission is to ensure our clients get the service they deserve and are entitled to.”

Added Mr. Spence, “During our 19-year life span, our focus on customer service has never wavered. We understand our client’s specific needs, there is no such thing as one solution for all. Because we offer client support staffed by seasoned professionals, whether you are an independent professional or a business, we have been able to deliver timely solutions again and again with a very satisfied customer rating.”

Continued Mr. Spence, “By being in touch with our client base, we have also been able to anticipate their needs and grow with their business. That’s one of the major reasons why we have been so successful. We very much look forward to the next 19 years.”

For additional information on VH International Business Solutions, visit <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);” href=”http://www.ManhattanVirtualOffice.com”>www.ManhattanVirtualOffice.com</a>

ABOUT VH International Business Solutions, Inc
Conceived in 1987 and Incorporated in 1990, VH International Business Solutions is today an international provider of New York executive and staffed virtual office services. In the contiguous United States, we offer voice mail points of presence in ninety percent of the Country. Our suite of executive and office support services are not only comprehensive but can also be custom fit for any enterprise-level need. Our services include, but are not limited to New York based virtual and staffed office services, business meeting facilities, nationwide voice mail services, live answering services, New York State incorporation filing services and much more. In addition, VH International Business Solutions is focused on providing its clients with superior support service, which is backed by a seasoned group of professionals who understands the needs and issues of today’s business and employees. At VH International Business Solutions, you to get the attention you deserve. For more information, please visit <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);” href=”http://www.ManhattanVirtualOffice.com”>www.ManhattanVirtualOffice.com</a>

Tags: 2009, Business, Company, Inc., International, Major, Marks, Milestone, Solutions

VH International Business Solutions

What do we do here at VH International Business Solutions?

Simply put: We help international and domestic companies establish their business presence in the business capital of the World: New York City! The Big Apple! The Empire State! The crossroads of the World!

VH International Business Solutions initially offered its services to the local market. With the proliferation of consumer Internet access, the Company was the first in New York City to offer NYC virtual office services interactively via the World Wide Web. With this success, VH International Business Solutions established an instant business-to-business worldwide access to the New York market making available for the first time New York City virtual office services for organizations of all sizes, from the independent entrepreneur to enterprise-level Fortune 500 companies.

Today VH International Business Solutions offers a comprehensive suite of executive office and business support services that can be tailor-made and bring about a meaningful difference for any company of any size in the world. We pride ourselves on service that is reliable, efficient and competitively priced all backed by our celebrated no-nonsense world class customer service. Our mission is to ensure our clients get the service they deserve and are entitled to.

Our 20 years of service add up to strength, experience, and reliability. Offering unbeatable service to individuals, small and mid sized local companies; as well as larger domestic and international firms seeking to establish a presence in the U.S., and particularly in the New York market. As the pioneer of interactive web-based virtual office services in New York City, we are the leader and have the most expertise in working with local and global businesses when entering the New York marketplace. While others emphasize services, we emphasize service.

Since our inception, 20 years ago, our focus on customer service has never wavered. We understand our client’s specific needs; there is no such thing as one solution for all. Because we offer client support staffed by seasoned professionals, whether you are an independent professional or a business, we are highly capable to deliver timely solutions again and again with a very satisfied customer rating.

By always staying in touch with our client base, we have also been able to anticipate their needs and grow with their business. That’s one of the major reasons why we have been so successful. We very much look forward to the next 20 years.

Today, VH International Business Solutions offers personalized services globally to individuals and companies in fields as diverse as financial consulting, government agencies, authors, artists, importers, exporters, manufacturers, distributors, attorneys, accountants, consultants, agents, record labels, movie theater chains, business professionals, etc. Whether their objective is to gain a market foothold or expand current marketing opportunities, our clients benefit from the unique blend of personalized services developed over the past 20 years; combined with an address that confers credibility. Let’s face it, having a New York City address may actually help a business grow!

By establishing a presence in what is undoubtedly one of the most renown cities in the world, our clients enjoy an address with an international flavor, arising from the wide variety of New Yorkers who are either of foreign origin, or who do business with countries outside the United States.

VH International Business Solutions’ hands-on management oversees the company’s daily support of businesses located in New York and throughout the world. Our dedicated staff ensures that VH International Business Solutions‘ clients receive the prompt, courteous and accurate service that they require, and to which they are entitled.

We are all very proud of this accomplishment and grateful to our clients and employees who helped get us here.

Tags: Business, International, Solutions