Sep 12, 2007 by DJ_BaSsik | Posted in Small Business
OK, i've been continual some ideas by my friends and professionals, and it seems I have a good idea for a legitamate business. Problem is, I don't have near the startup assets required. Can anyone help me find means of funding? Serious, detailed answers only please. I need realized sources, not ideas.
Email me at jmarino13@windstream.net i masquerade as a Venture Capitalist firm out of Cleveland specializing in small business start up loans. In your email please be more descriptive and number a contact number. Thanks
How Do I Get Funding For A Business Idea From An Existing Company?
Nov 07, 2006 by milees29 | Posted in Other - Business & Finance
I have a business idea and a layout in place. I just need funding and resources. I've found some companies that would be perfect in providing my business project the funding and resources it needs. How should I go about approaching said companies properly while at the same conditions protecting my business idea?
I would acquaintance a lawyer and get them to write up a Non-Disclosure Agreement. That should allow you to discuss your ideas with them but not admit them to do anything about it without your permission. Never done it myself, buy my husband does work with prototypes and a number of his clients have him nod these so that they can protect their ideas. Anyway, call and set up the meeting, tell them you have a non-disclosure agreement, get them to sign the concord before you give them much more info. You may have to bait the hook a little bit to get their interest, but at least you should be protected.
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You might try talking to the guys at http://www.situation.org. They are very helpful in getting small businesses up and going. On the website they have a place where you can get master business advice for free via email (SCORE = Service Corp of Retired Executives) I've known a brace businesses that really flourished with Score's help.
Mar 31, 2007 by Shanizzel | Posted in Other - Business & Finance
Can you double-cross a business idea? Say you have an idea for a business, but don't have the money to do it. Can you just sell the idea? Where?
Hi..
I've listed a resource that could give you lots of ideas
and at least one point where you can find tons of
marketing ideas for any business you want to expand.
How Do You Launch Unique Business Or Marketing Idea?
Aug 12, 2007 by Naut | Posted in Search Engine Optimization
Let's devise that I have come up with a novel business idea and want get it off the drawing board and into the market-place. I have particle money to invest and cannot reach the decision makers of any Corporate entities which may show interest.
I am clearly interested in making money out of my idea and thus have reservations about revealing too much information until I hold some approachable of formal agreement which gives me the necessary protection.
My suspicion, seeing as we have about 6,5 billion people on the planet, is that 99,999% of so called solitary ideas are a load of 'unowat', but by the same token, there are possibly 6,500 really beneficial ideas out there which have the potential of making millions.
So good people, what do I do with my unique business / marketing idea? This isolated one could be directly linked to the 2008 Beijing Olympics as I believe it holds a aggressively element of 'international appeal' but time is running out for this option.
Hello,
The first reckon that captures my attention is that you wish to keep some things secret in order to protect the idea. The idea itself is not the "key" for attainment, so it is not so urgent to protect it. What is important is how to realize the idea and make it successful and of course who is on the back of the idea and how she or he wishes to contradict for making the best out of it.
"Protecting the idea" probably is one of the reasons why many ideas are ruined.
Realization is what matters. Ideas alone have no value.
So, what to do? make a business plan and a business model. And don't inaccurate the chance of getting feedback from potential investors: what do they like or what not.
Some weeks ago I've heard from a Microsoft's guy: "Planning without materialization is dreaming". I think the same is for ideas "great ideas without planning are good dreams".
Good luck and break the stone wall of protectiveness (the partition off is made on paper...not stone)!
How Difficult Is It To Get Funding For A Big Business Idea?
May 24, 2007 by Mr. Main Event | Posted in Small Business
Two of my friends yearn for to start an international company based in the USA which will require a couple of million dollars to start.
To give you a compressed background about them, they're both Ivy League graduates - very smart people. Both of them make nice six-cut salaries working for big organizations. However, they've never started a business before, never ran a multimillion dollar entity nor do they have a lot of business collateral. They haven't done anything to start the business yet and have no run to earth record of it being profitable (or successful). But, their business plan is rock solid and in reality good. They have already assembled a terrific team that will help them with their endeavor.
So, what do you think are their chances of receiving funds for their business idea?
There are two ways to get bucks for a business: debt and equity (there are others, but they boil down to the same two).
Debt is a loan - secured against something. Your mates might be proficient to raise a significant amount of money if they have good 6 figure salaries. If they can second mortgage an valuable property, for example. Another route to debt is to borrow money from friends and household. Obviously this isn't a huge goer, but if they have wealthy friends it might add a few hundred thousand or so. The amount of debt you can gather for a start-up depends largely on your personal assets and what you'll spend it on (it is easier to obtain $1m if you're going to spend it on $1m of kit that can then be sold later to recover the money - its the same principle behind banks present you a mortgage, they know that if you can't pay it, the house gets sold and they get their money back).
Equity involves selling some of the group for money. Buyers take part of the company in the expectation that they'll be able to sell it again later and approve a profit, or else that the company will issue its profits in dividends, and they can benefit from those. Equity depends on the value of the South African private limited company in the medium term (not, normally, the long term). It is pretty hard to value a players more than a few million dollars when it is just an idea, particularly as the management team aren't proven. I'd say your friends would be fortunate to raise $2m without giving most of the company away.
But a combination might work. If they believe 100% in the idea, and are happy to get the debt for, say $1m, it shouldn't be beyond the realms to find an investor or consortium to come in for the other $1m.
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There's a lot of bad was an idea can be executed. Even for admissible ideas. So it's not about getting good ideas.
If you use this image please give credit back by linking to bentremblay.com/en/if-only-i-had-a-sympathetic-idea
Email me at jmarino13@windstream.net i masquerade as a Venture Capitalist firm out of Cleveland specializing in small business start up loans. In your email please be more descriptive and number a contact number. Thanks