critical factors in small business development hosted by the university of iowa: law, health &...

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Critical Factors in Small Business Development Hosted by The University of Iowa: Law, Health & Disability Center & The U.S. Dept. of Labor Presented by Cary Griffin Senior Partner Griffin-Hammis Associates, LLC

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Critical Factors in Small Business Development

Hosted by The University of Iowa: Law, Health & Disability Center

& The U.S. Dept. of Labor

Presented by Cary Griffin

Senior Partner

Griffin-Hammis Associates, LLC

Critical Factors in Small Business Development

Critical Factors in Small Business Development: Some of the Facts

Most Small Businesses Succeed 90% of Small Businesses Owned by

People with Disabilities Succeed VR Can and Does Support Small

Business Development WIA Can and Does Support Small

Business SSA Work Incentives Are Critical

Critical Factors in Small Business Development: Product/Service

Environment/Location

Critical Factors in Small Business Development: Product/Service

Potential/Feasibility

Critical Factors in Small Business Development: The 3 C’s

Customers

Critical Factors in Small Business Development: The 3 C’s

Competitors

Critical Factors in Small Business Development: The 3 C’s

Capabilities

Critical Factors in Small Business Development: Marketing Mix

Niche/Target Market

Critical Factors in Small Business Development: Marketing Mix

Price

Critical Factors in Small Business Development: Marketing Mix

Distribution

Critical Factors in Small Business Development: Marketing Mix

Promotion

Critical Factors in Small Business Development: Operations

Tools/Machinery

Critical Factors in Small Business Development: Operations

Suppliers

Critical Factors in Small Business Development: Operations

Training

Critical Factors in Small Business Development: Operations

Contingencies

Critical Factors in Small Business Development: Operations

Production Plan

Critical Factors in Small Business Development: Financial

Financial Plan including Cash; Assets; Cash Flow Projections; Investors; Work Incentives; Loans; Break Even Analyses

Critical Factors in Small Business Development: SSA Work Incentives

Include Plans for Achieving Self Support

(PASS) Property Essential for Self Support

(PESS)Subsidy See Hammis & Griffin: Social Security

Considerations for Entrepreneurs with Disabilities