VCU-RRTC Webcast. Self Employment for Individuals with Disabilities Presented by Cary Griffin.

Post on 26-Mar-2015

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Transcript of VCU-RRTC Webcast. Self Employment for Individuals with Disabilities Presented by Cary Griffin.

VCU-RRTC Webcast

Self Employment for Individuals with Disabilities

Presented by Cary Griffin

Critical Factors in SmallBusiness Development

Facts

Most Succeed

90% Owned by People with Disabilities Succeed

VR Can and Does Support Small Business Development

Facts

WIA Can and Does Support Small Business

SSA Work Incentives Are Critical

Product/Service

Environment and Location

Product/Service

Potential and Feasibility

The 3 C’s

Customers

The 3 C’s

Competitors

The 3 C’s

Capabilities

Marketing Mix

Niche and Target Market

Marketing Mix

Price

Marketing Mix

Distribution

Marketing Mix

Promotion

Operations

Tools and Machinery

Operations

Suppliers

Operations

Training

Operations

Contingencies

Operations

Production Plan

Financial

• Cash

• Assets

• Investors

• Cash Flow Projections

Financial

• Work Incentives

• Loans

• Break Even Analyses

SSA Work Incentives

Plans for Achieving Self Support (PASS)

Property Essential for Self Support (PESS)

SSA Work Incentives

Subsidy

See Hammis & Griffin:

Social Security Considerations for Entrepreneurs with Disabilities