Tools and Techniques

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Networking at the national and regional level extends a CEDO's reach to the experience and insight of like-minded organizations around the country. (One of over 60 entries in the compendium Tools...
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The careful vetting of outside expertise enables a CEDO to hire the consultant with the skills and experience specific to the organization's needs. (One of over 60 entries in the compendium Tools...
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The key to making business incubators work is specificity: design the program to assist the start-up and growth of specific types of business, in specific sectors and by specified means, in order to...
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Where the evolution of private businesses is too uncertain, a CEDO can itself play the role of entrepreneur and launch a wholly-owned subsidiary to build local equity and skills, create jobs, and...
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A worker buy-out occurs when an established firm with profitable potential is sold to the employees for the specific purpose of maintaining the jobs of those employees. Worker co-operative and...
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From a CED perspective, succession planning involves shaping the transfer of ownership and management of local businesses in such a way as to assure the most fruitful outcome possible for the...
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This set of procedures gathers information that permits a precise understanding of a business' difficulties so that assistance might be offered before closure, down-sizing, or relocation become a...
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Closely related to the Early Warning System, business visitation and mentoring is a service that connects local businesses with a friendly advisor on all manner of needs (current or impending)...
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A CEDO must encourage potential entrepreneurs to consider these key questions about their values, skills, and aspirations before the start of the business development process. (One of over 60 entries...
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In addition to the technical skills required for self-employment, these procedures and resources must support people as they change their identity and outlook from that of an employee to that of a...