Our final area of practice relates to technology start ups.  As existing business owners and managers, many of you understand what it takes to start a business, both in terms of time, energy, and money.

Throughout the 1990’s it was very easy for anyone to start a technology company.  Financing was readily available to anyone who had a remotely plausible idea.  We have all since learned our lesson.  Today, the landscape is much different.  Technology start ups must prove the validity of the product or service as well as the capability to manage the business.  In addition, many of the products require some amount of research and development prior to production.  This can be very costly.

Many times, in order to obtain the necessary funding, a new company must conduct a feasibility study as well as develop a business plan.  This process can be somewhat demanding and time consuming without a clear understanding of how to gather the necessary information.

Although the technology industry is not as strong in Western North Carolina as many other industry, there is a small base of these companies here.  There are also a few resources that can assist these companies in getting started.

Technology is something that we all use everyday.  It is an industry that is going to continue to grow and evolve at a rapid pace.  We are happy that we are able to help those businesses that make all of our lives a little easier.