How can business incubation improve the chances of a new venture?

Answer 1

Depending on the incubator. You might get resources you might not have otherwise had access to. The most important of them, advice. There are people whom have succeeded and sometimes its best to have a team of people with different specializations helping you grow your business. You might be a programmer or a business executive, so when confronted with new obstacles in your business you want to have a team to help you. Areas of help are legal, marketing, trademarking, logistics, manufacturing... etc. the list is long. Some incubators can provide you office space and technology infrastructure. Our company provides services in an incubation mentality to help small businesses on that next step. Kompani Group builds new and strengthens existing businesses by applying our comprehensive business incubation platform of brand communications strategies, business management solutions and interactive strategies to small businesses at all levels of their growth cycle.