Case Study 4 Incubators.doc

Case Study 4 Incubators.doc - Case Study#4 Business...

Info icon This preview shows pages 1–3. Sign up to view the full content.

Case Study #4: Business Incubators (See articles in the folder for this case study on Blackboard) Name: Chelsea Guerin Background Information The articles provided talked about what business incubators are and how they help start-up companies. Successful entrepreneurs, such as Paul Graham and companies, such as ‘BHive’ believe in start-up companies and help them in various ways. Graham and BHive provide support, advice, financial assistant, and temporary office space to these start-up companies, referred to as ‘incubators’. BHive and Graham do this in hopes that the start-ups will eventually thrive, grow, be successful and graduate to a larger office space. The four different types of incubators are “The Niche” (which offers facilities and advice at reduced costs to companies that emphasize on something particular), “The University” (which offers access to equiptment and knowledgeable staff members at a college), “The Classic” (which offers access to computers and equipment, a space to work in at a reduced rate for rent, and experienced staff), and The Accelerator” (run by experienced business owners and investors and companies are given the chance to market their business to the investors and use this space for a certain period of time). All types of incubators help start-ups, business’ and students in different ways with one goal at task…to become successful. Source:
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Discussion Questions 1.) Discuss the relationship between time and reveue for a new business. Why would the incubation period be significant during the gestation-inception- prototype-rollout period? Successful business’ start off with some rough patches; possibly troubles with poor business plans, disagreements with partners, trouble with funding, etc. When you’re just starting up with your new business, it takes time to break even or make a profit. The more amount of work and time that you put into your business, you will most likely make a profit over time. The incubation period is significant during the
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern