As entrepreneurs, we often forget about the expenses associated with running a business. Sometimes our ideas and enthusiasm get the better of us and we let our imagination run wild, leaving practicality behind. The prospect of making a a large amount of money from a a new and innovative venture, can blind us from the financial reality of keeping a start-up business afloat. Too many times, a business plan will not include expenses a company will incur past the start-up phase.
A recent study by VentureBeat found that companies graduating from top accelerators returned over 10 times on capital invested. Similar studies show that the survival rate of companies that go through accelerators could be three times that of companies that don’t. Furthermore, research shows companies that completed an accelerator grew faster than companies that didn’t. New York State's Business Mentor of NY Program found that mentored entrepreneurs who were provided with "su