Click to Print

Is a business incubator a good way to start up a new company?

They are building a business incubator near my college in Dunkirk, NY.
Brad Sugars answered December 17, 2008
URL: http://www.entrepreneur.com/answer/221807
It can be, as long as the people running it know what they are doing. What is their track record? What are their credentials? Can you do better on your own by hiring a business coach or mentor to guide and help educate you in the fundamentals and process of business? These are some things to consider in your own due diligence before going blindly into an "incubator" scenario.

Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.