National and International

Fast Track Business Development Program

The National Association of Home Based Businesses and its affiliate organization the NAHBB Franchise Development Company have established a National and International Fast Track Business Development Program. It will connect small and home-based businesses to the new economy and the global marketplace. The Fast Track Program also includes the Entrepreneurial Renaissance Project a special organization that empowers disadvantaged micro-economic enterprises in urban and rural areas. It will also help them to prepare to participate after 2005, when two common markets are scheduled to open in South America and only one will allow US small business to freely participate.

Small business owners with new concept ideas are encouraged to enroll in the development program before they seek equity funding. Because new market investors use certified business models to select business ventures they want to fund. Only authorized development programs are allowed to build and certify business model. Each certified business model is developed for a period of six months, before it is given clearance by the program to seek funding.  

The Fast Track Program is a private sector initiative that includes new business assistance institutions such as Small Business Development Incubators, Equity Capital Source Banks, and HomeBiz Global Centers.

Following is an overview of the Fast Track Program’s business organizations:    

1) Small Business Development Incubators (SBDIs) - provide modular development assistance to small and home-based businesses.  They build and certify business models and franchises. There is a business development team attached to each incubator that provides special assistance to small business ventures enrolled in the development program.  SBDIs are attached to shared-office-service facilities, where clients can get additional assistance and support when needed.  

2) Equity Capital Source Banks - provides private financial brokerage services for new market investors, venture capital firms and small business owners seeking equity funding. Our equity capital source banks that are selected in advance, because they offer pre-qualified funding sources that can finance small business start-ups and existing business ventures with high growth potentials. There are two types of banks authorized in the Equity Capital Banking System; they are Venture Capital Banks and Business Capital Banks. Each bank has branches, however, only business capital banks are allowed to operate independently and outside the Fast Track Program. Venture capital agents and brokers are the professionals who service these equity capital-banking institutions.   

3) HomeBiz Global Centers - are used as local and global access platforms for small and home based business seeking development and support assistance. A full service HomeBiz Global Center is considered the next generation of shared-office-service facility, because they can offer development, and support services to a new class of tenants before and after funding. HomeBiz Global Center franchises are the official headquarters for development and support organizations in the Fast Track Program.  

4) Business Development Teams - are made-up of membership partners selected from local communities that provide development and support assistance enrollees in the different types of programs. Teams include accountants, lawyers, marketers, business developers and other professionals who are capable of providing assistance to small businesses. Independent businesses and certified support associates are the others members of the Fast Track Program included on the business development team.

5) Franchise Opportunity Network - is a private marketing system that offers third party verified business models and franchises. Business marketing circles are formed in the network when business members with a-one-of-kind product or service band together and jointly advertise and promote their companies to the same niche market group. Members of a circle are allowed to used the network’s mass mailing services including fax broadcasting, e-mail lists, direct market mailers, and Intranet HomeSite System to jointly advertise and promote their business ventures. There are also two niche market television networks in the Fast Track Program that allows small business owners to broadcast talks shows, conduct training workshops, produce infomercial and sells their products and services over the Internet directly to the consumer.

6) Private/Public - Joint Venture Partnerships - are create d in each city or county where the Fast Track Program is established to manage and supervise the activity in local communities. Each city or country involved in the program can purchase controlling interest in the joint venture partnership at any time during the growth cycle.