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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
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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
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Critical Factors in Small Business Development: Product/Service
Environment/Location
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Critical Factors in Small Business Development: Product/Service
Potential/Feasibility
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Critical Factors in Small Business Development: The 3 C’s
Customers
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Critical Factors in Small Business Development: The 3 C’s
Competitors
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Critical Factors in Small Business Development: The 3 C’s
Capabilities
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Critical Factors in Small Business Development: Marketing Mix
Niche/Target Market
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Critical Factors in Small Business Development: Marketing Mix
Price
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Critical Factors in Small Business Development: Marketing Mix
Distribution
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Critical Factors in Small Business Development: Marketing Mix
Promotion
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Critical Factors in Small Business Development: Operations
Tools/Machinery
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Critical Factors in Small Business Development: Operations
Suppliers
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Critical Factors in Small Business Development: Operations
Training
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Critical Factors in Small Business Development: Operations
Contingencies
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Critical Factors in Small Business Development: Operations
Production Plan
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Critical Factors in Small Business Development: Financial
Financial Plan including Cash; Assets; Cash Flow Projections; Investors; Work Incentives; Loans; Break Even Analyses
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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