Abstract:
Nearly 90% of all start-up businesses fail within the first few years of their creation. However, businesses that begin through entrepreneurship incubators, market research and in-depth business plans have a success rate of 90%. With these startling contrasts it becomes clear how important it is to be prepared before entering the business world. In order to properly prepare myself for the business world, I provide a detailed look at the sports memorabilia marketplace and how a business could succeed within this market. Within the analysis there is market information, survey data, financial predictions, operational information and other information that provides for a blueprint to success.