Cincinnati, OH-KY-IN (1888PressRelease) December 28, 2019 – Angelo Sferrazza, Cincinnati, Ohio, announced today, plans of new uncommon, unique business incubation in 2020 for Business: start-ups, expansion and rescue. While most business incubators and business accelerators primarily provide education and referral resources, the plans for this new uncommon, unique business incubation will provide individual office and shared working space, professional resource providers (accountants, law firm, business coaching, etc) and financial services to include private investors/lenders and third party funding sources located inside the facility. Angelo Sferrazza announced the planned location for this new uncommon, unique business incubation in 2020 is in the Columbia Plaza Building located at: 250 East Fifth Street 15th floor, Cincinnati Ohio 45202.
Angelo Sferrazza indicates Business Start-Ups, Business Expansion, or Business Rescue is very challenged in this tough financial climate to get access to funding. This unique business incubation in 2020 will help businesses first create a strategic-funding strategy to meet the qualifications necessary to attract private funding sources.
TV shows, such as Shark Tank, have brought to fruition the need of businesses to connect with investors and has identified the lack of knowledge that businesses have when dealing with investors.
Angelo Sferrazza also plans to offer Financial Mentoring and ongoing programs which are a necessary and have been very beneficial in the growth and expansion of new businesses. Business development through financial mentoring is vital to a successful and thriving economy, says Mr. Angelo Sferrazza. The Financial Mentoring part of this new incubation includes evaluating the company’s business concept, management team, target market, sales, financial statues, growth potential, and exit options.
Small Business Statistics
1. There are nearly 30 million small businesses in the USA. The majority are self-employed.
2. More than 50% of workers are in small businesses.
3. Small businesses create the majority of new jobs
4. Over 500,000 new businesses get started each month.
Mr. Angelo Sferrazza is getting strong interest from businesses all over the Tri-State of Greater Cincinnati Ohio. Currently, Mr. Sferrazza is meeting with various organizations that assist businesses from other incubators, lenders and government agencies. These organizations are excited about the many collaborating opportunities to further help business in the Greater Cincinnati Ohio community.