It is widely known that approximately 4 out of 5 new businesses will fail within the first five years. However, a lesser known fact is that approximately 50% of newly incorporated businesses (as opposed to sole-proprietorships and partnerships) will survive after the first eight years. The reason that new corporations have such a high success rate is related to the fact that entrepreneurs who take the time to incorporate their business are usually the ones that are more effective in implementing their idea and vision. Coming up with a great idea is only the beginning. Implementing and following through however, is the key factor that separates success from failure.
KOMANDing Start Package
The KOMANDing Start package includes all the necessary services required to jumpstart your business in minimal time, usually 6 to 9 months for establishing the business and 3 months thereafter for assistance in running the operations. During this time, an experienced KOMAND consultant helps you get your business started by:
- Performing a feasibility study
- Creating a business plan
- Fund-raising activities (debt or equity)
- Human Resource management
- Contract review and negotiations for suppliers and/or
subcontractors- Assistance in managing operations for the first 3 months
(Optional)
Who Benefits
KOMANDing Start is best suited for aspiring entrepreneurs who are ready to implement their
business venture and take their idea to the next level.