Frequently Asked Questions
About Virtual Incubator Coaching
If you have a question we don't answer in this section, please feel
free to send the question to me by e-mail.
Q. How do you decide which clients to work with?
A. I talk to you. This is why I offer a free, no obligation phone review of your business concept, so that
I can use the information you provide in your coaching request form and what you tell
me during our phone conversation to determine if we are good fit for each other.
Q. How is Virtual Incubator coaching different from working with other
small business counselors?
A. The big difference is the street-smart advice we provide in the start-up workbook and
the do-it-for-you support you receive. Every planning resource and needed service provider is made
available to you -- all in one place.
My private coaching is best described as a "soup-to-nuts" process, that includes an
intensive period of coaching and coordination of our team of start-up service providers. It's not
a quick, "here's-how-YOU-do-it" one weekend workshop. That won't get you past your time pressure and
inertia.
Q. How long is my relationship with you as my Virtual Incubator coach?
A. The Virtual Incubator Business Start-Up Program is presented over twelve (12) weeks of time.
Request the full Virtual Incubator Program planning schedule.
Q. Are study materials provided when working with you as my Virtual Incubator coach?
A. Yes, you'll use the 163-page Virtual Incubator Business Launch Workbook to organize your business launch
preparation into 25 planning decisions, and to prepare you to most effectively work with me during each coaching session.
You'll also receive the Business Blueprint business planning CD (written
in Word for Windows), which you'll use to enter your planning decisions into a word processing document thereby
creating a business plan narrative, which is supported by your financial projections.
Q. Do I get help with tasks such as designing my logo and creating my business website?
A. Yes you do!. I coordinate our team of business start-up experts, which includes:
- A graphic designer.
- CPA.
- Copywriter.
- Website designer.
- QuickBooks expert.
Q. Am I expected to apply myself full-time to planning my new business?
A. If you mean 40 hours per week, then the answer is no. But I can tell you from working with
hundreds of start-up clients that you will progress more rapidly if you commit at least 10 hours per week
to prepare for each coaching or planning session.
Q. What can I expect to have done when I complete my work with you as my Virtual Incubator coach?
A. You will have:
- Completed a marketing strategy plan along with a promotional action plan and schedule.
- Selected a business address and created a business identity, including a logo, color scheme, business card layout, and web domain name.
- Completed legal registration and compliance with any other pertinent government regulations.
- Completed a plan to set up your office space, business technology and local business support services.
- Secured a website design and compelling website content.
- Set up your customer service and sales support systems.
- Arranged your business banking set up, including a merchants credit card account, where applicable.
- Installed QuickBooks accounting software and, when desired, received a tutorial on its use.
- Set your expense budget and projected your first year profit and loss and cash flow.
- Reviewed personal and business insurance coverage.
- Learned the tax filing requirements for your kind of business form and learned how to handle the Home Office
Office Deduction.
- Set up your telecommunications system.
- Decided upon what kind of personnel support you will need.
- Arranged a reliable system for producing and delivering your product or service.
Business Planning Workbook
