Small Business Study Announcement

LAUDERDALE COUNTY, Ala. (WHNT) — The Appalachian Regional Commission and National Business Incubation Association were in the Shoals on Tuesday morning for a big announcement.

Members of the commission and association presented the crowd of city and business leaders with a new book, “The Best Practices of Rural Business Incubation.”
The book is the result of many months of researching how to get a new business off the ground and make it successful.

“With larger companies, they gain jobs and they lose jobs,” said¬†Tracy Kitts with the National Business Incubation Association.¬†“But, the net is about zero. Whereas these new ventures are what’s really creating jobs in the local environment.” Kitts said 87% of all businesses that graduate from a incubation facility go on to succeed in the business world.