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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.

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Presentation on theme: "Critical Factors in Small Business Development Hosted by The University of Iowa: Law, Health & Disability Center & The U.S. Dept. of Labor Presented by."— Presentation transcript:

1 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

2 Critical Factors in Small Business Development

3 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

4 Critical Factors in Small Business Development: Product/Service Environment/Location

5 Critical Factors in Small Business Development: Product/Service Potential/Feasibility

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

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

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

9 Critical Factors in Small Business Development: Marketing Mix Niche/Target Market

10 Critical Factors in Small Business Development: Marketing Mix Price

11 Critical Factors in Small Business Development: Marketing Mix Distribution

12 Critical Factors in Small Business Development: Marketing Mix Promotion

13 Critical Factors in Small Business Development: Operations Tools/Machinery

14 Critical Factors in Small Business Development: Operations Suppliers

15 Critical Factors in Small Business Development: Operations Training

16 Critical Factors in Small Business Development: Operations Contingencies

17 Critical Factors in Small Business Development: Operations Production Plan

18 Critical Factors in Small Business Development: Financial Financial Plan including Cash; Assets; Cash Flow Projections; Investors; Work Incentives; Loans; Break Even Analyses

19 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


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