Small Business Question and Answers

For those of you who own your own business, what be the defining moment that made you start?

Question:Also, how did you determine the type of business that you wanted to open out? What sort of start-up costs did you encounter? How long until your business started returning a profit? Are you better off in a minute after starting your own business? Any tips you'd care to share?

Answers:
42 yrs ancient, hated what i be doing and knew i would not earn what i needed (commission sales) started business within field which i have extensive knowledge and experience plus contacts. 50k sba back loan. made money first year (paper loss) just sold co after 16 yrs...best entity i ever did.

best tip...first plan and research, second, plan and research, third look for all the flaws contained by 1 and 2 then adjust plan and research base on findings, then ask if you can live near worst case outcome if you can, stir for it and make your plan. use the seven p's proper prior planning prevents piss poor narration

Other Answers:
the moment was thee 100th or so times i took a apt idea to my boss to solve a problem and he only bushed me aside. then the following week listen to him complain about that same problem. it really sucks when the ppl above you are not as bright you. the rest of you question i don't feel resembling answering sorry take aid


I requirement serve finding any websites on a allow for a minority smal business loan.?

Question:

Answers:
SBA

http://www.sba.gov

Also check with SCORE for serve

http://www.score.org

Other Answers:
adjectives states have websites. move about to whatever state's website that you are within and look for grants.

I merely found them yesterday for Montana
www.sba.gov/starting
http://www.mbda.gov/

You may want to try this website. Also, contact your local bank. Typically they work exceedingly closely with the SBA. If cashflow is tight, you can also consider a factor. They will floor their advances on your plain accounts receivable.
Grants and loans are two different things.

You can get low cost loans from SBA. Read these section about SBA to assistance you learn more how and whether you can avail of SBA loans

What Will I Need to be Considered for SBA Loan Assistance? http://www.sba.gov/financing/preparation/requirements.html
CREDIT FACTORS A POTENTIAL BORROWER SHOULD KNOW http://www.sba.gov/financing/preparation/qualify.html

To avail of loans for minority business owners, stop by the Minority Business Development Agency http://www.mbda.gov/ Check their financing section http://www.mbda.gov/?section_id=3

Note though that it is easier to bring a loan for minority small business startups rather than getting grant. It is hard to find grant to start a business -- even for minorities. Unlike the myths that some perpetuate, federal establishment and even private foundations hardly afford grant money for a for-profit business. And yes, grant mean PAPERWORK - lots and lots of it, to be exact why a cottage industry of grant writers be born.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grant.gov - these are two sites created by the federal government to provide transparency and information on grant. Browse through the listings and see if you can find any grant that would support a for-profit endeavour.

Even if you buy books on "how to get grants" or index that supposedly has information on grant -- all of them are mere rehash of what CFDA have, albeit packaged differently. But still the info is equal - hardly any grant for starting a for profit business.

Even SBA does NOT give out grant. From the SBA website http://www.sba.gov/expanding/grants.html...

"The U.S. Small Business Administration does not offer grant to start or expand small businesses, although it does offer a broad variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does contribute some grant programs, these are roughly designed to expand and enhance organizations that provide small business paperwork, technical, or financial assistance. These grant generally support non-profit organization, intermediary lending institutions, and state and local government."

Here is a listing of federal grant for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

Most of the federal grant are given to specific target groups with specific requirements (e.g. minority business owners involved within transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also repeatedly given to non profit groups or organizations involved within training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

For private grant, you may want to check the Foundation Center's Foundation Grants for Individuals Online. It's a subscription based website ($9.95 per month) but their initial blurb only say that the database is ideal for "students, artists, scholarly researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I hold it they also don't have listings of private foundations who distribute grants to would-be entrepreneurs.
Source(s):
http://www.cfda.gov
http://www.grant.gov
http://gtionline.fdncenter.org
http://www.powerhomebiz.com/vol66/grants.htm
http://www.sba.gov/expanding/grants.html
hi, here is a specialized webpage containing 10 methods making money online or doing business online.

http://www.adcenter.net.cn/make-money-online.html

perchance that will help you or make available you some bright idea.

Best Wishes && Good Luck!
Source(s):
http://www.adcenter.web.cn/make-money-online.html


how much does it cost to communication 15kg carton from india to california?

Question:

Answers:
You should go to the post organization; it's your cheapest option.

Other Answers:
deeply
around 200$
What the heck is a kg?
DHL & United Parcel will handle this pack. I suggest you ship it by the deep freight instead of Air freight.
EASY, TAKE IT TO THE POST OFFICE AND THEY WILL TELL YOU THE CORRECT AMOUNT
I would go FedEx or DSL...may be slightly more but it is sure to receive there
Depends on which carter you use and which specific service they offer. Take it to your post organization or call them and make a contribution them the weight and dimensions.
within is a page on ebay that can give u an estimate... u would inevitability to check if that page is still avaliable. i saw it about a year ago.no spoil in looking...


What's a right slogan for..........?

Question:a jewelry, frame, personalized keepsake, key secure, pen/pencil decoration business. The signature of the business is called "Glitz and Glamour".

MY NAME IS KAROLINA!

Answers:
How more or less Karo's Kreations or Kreative Krafts by Karo

Other Answers:
It's not what you need, it's what you want...

Glitz and Glamour huh?
Ok... how bout...
"Get a tingle for a little jingle."


The fine way to remember Discovery
Possession


Am I being salaried for the slogan if I do give you one. Business is Business




what do you deem of spawn money online ?

Question:Hi, this is a specialized paper nearly make money online.

http://www.adcenter.web.cn/make-money-online.html

Do you think form money online is ture or just a cheating ?

what do you cogitate of these methods about fashion money online.

does it real that anyone can trademark money online easily ?

much gratitude

Answers:
I never usually sign up for these sites, because they look like scam, but this place isn't a bunch of BS. You participate contained by offers and receive paid to do it. They income you through paypal or you can have them dispatch the money to your house in the form of a check. If you do want to sign up, don't use your everyday e-mail address because they will probably send you cast-offs. Also make sure to click no on adjectives of the bonus offers. This site in actuality pays, it's pretty awesome. This is an especially good point to do if you have closely of free time.

http://www.treasuretrooper.com/113530

This is good if you hold a lot of free time
Additional Details
2 weeks ago
It is categorically not a scam. I'm not signed up for any other websites like this because they do scam you, want credit card info, etc. This site requires no credit card info and no purchases. You brand name money by signing up for offers (usually putting within your e-mail address). That's why I suggest creating a new e-mail address because you will win some spam on that account. Here is proof of payoff
http://forum.treasuretrooper.com/index.php?showtopic=17509

This is the only site approaching this that I trust. I also only do it when I own free time.
http://www.treasuretrooper.com/113530

People don’t usually do these because they take time to complete. If you don’t own a lot of free time later it’s not worth doing

Other Answers:
If you talk more or less this manner to breed money, Is good because you enjoy not to invest in more than those you own (your web page hosting, etc), and you obtain a revenue because the announcers, and the visits to your page, but if you don`t enjoy a good promotion of your own page, you will not see the results they voice...

And in standard way, adjectives the HONEST ways to make money on-line are suitable, if you affect thirds economy beside lies or fraudulent like movements you will get more trouble than money.
Most are scam, like yours. You are an avertiser
Anything that any claims you can make money lacking spending a dime is either a scam or its going to be extremely difficult. Anything that suggests you can trademark $10,000 in one week is bogus. People do build this much in 1 week some produce it in a light of day but 99.999999999% will not. Why? Its not because they cant its because they dont know how. The main item people forget is that its easier said than done work it takes a large amount of skill and knowledge of how the internet works to set up a functional home income system. The simply real money making methods that are not scam are as follows.

Affiliation
resale rights
drop shippin/wholesaling
merchanting (this does involve a great risk and investement.
Paid surveys (a little bit dodgy but it actually can work)
Web sites (number 1 source of making money)

Of course you entail to know how to do all this and where on earth to promote it all. for a free promotion guide check out the intertwine below its pretty usefull and 100% free for all.
Source(s):
http://www.homeincomeprofits.com
i come across this site, it helped me to sort money online, alot of the other sites are scams, and newly spam your e-mail, this site is very obedient you should check it if you want to make extra bucks.

http://smplmoney.blogspot.com


I'll shift to your place to repair your car's brake problem... what do you have a sneaking suspicion that of this hypothesis? should I travel for it

Question:I am an Automotive tech and I wanna open my own business fixing cars at your place. I basically wanna do small repair and maintanance as brakes repair and minor tuned ups. I am thinking to get my business certification or license, what else should I need to do surrounded by order to win this posible? any comment would be greatly appreciated

Answers:
Wouldn't it be a pain to bring your tools, compressor, jacks, etc. next to you everywhere? Why not open a regular shop that does the occasional housecall, instead of base your whole business around house call?

Other Answers:
Fine idea, walk for it. Just check local laws to receive sure it is legal.
That is a great view - check laws, insurance and so forth. I would picture it would be harder to get parts. Do you know someone who can deliver belts, shoes etc - for different vehicle types?
Hell yeah! and you'll do great too. People want convenience, and if they can save time and money to get hold of their car fixed, you are Golden. Do yourself a favor, kind sure you respond or get someone who can, so as not to start out people hangin'. Show up when you right to be heard you will, and call if you are running slow. I guess what I'm saying is to me the most critical aspect of this type of service is communication. Advertise your service or look for jobs on Craigslist.com. It's free! Good Luck!
I know a guy who is doing only just this thing. you have need of a van as a service truck so you can take your tools beside you. Of course a business license and a loyal following of clients that will pass out business cards poster claim you are the greatest thing as a mechanic.
Where do you be determined exactly the place ?? !!

you should know the place very very well,search for places that

its not a vailable a Maintanace shop contained by their countries

Gooooooood Luck
I think it would be a great view if you can work out the logistics and details. For instance, what would you do if the rotors needed to be turned, etc?? Would you have the equipment contained by your truck to handle something close to that or would you have to give up your job the customer's car on jacks while you go to another shop for that?


How to find schedule of Email addressess from Internet?

Question:I want to know the list of Emaile addressess approaching gmail,msn,etc. for the buissness purpose.

Answers:
want to increasse traffic to your site

or want mailing

ask me at my yahoo psyche jatt_nylane

http://matrixewebs.com
http://www.mam-x.com

Other Answers:
You will have to do any of these things:

1. Buy an email list. There are oodles vendors on the Web selling email address, some reputable, many are not. You can buy a document by interest (e.g. those who buy a computer in the final 12 months), by types of sites they visit (e.g. subscriber of an internet marketing email newsletter).

2. Create your own chronicle. You have to hold a website where users can opt-in to receive any marketing emails you decision to send them. This is free, but it take time to build a sizeable list


When writing a thank you for the interview notification...?

Question:Do you send one communiqu¨¦ to each personality who was contained by the room on the day of the interview or do you transport each individual their own letter and if so, can it be exchangeable.

Answers:
Send multiple letters and alteration them up a little.

Other Answers:
I would transport each creature his own letter. They could be compatible in wording but redeploy the name.
I articulate send a copy to respectively
Send one to everyone who took their time to be there. It give the impression that their time is far-reaching to you. If they are under the dint that their time and their presence was noteworthy, you'll also have a company that they will want to work for.

How a company treats its customers is one piece. Everyone knows that a company will treat their customers all right if they want to make money.

How a company treats its personnel is something totally different. A thank you note for showing to an interview make it appear that you care, and that make for more loyal employees if you choose one or adjectives of the people who be in the interview.
Better to write to the primary interviewing officer. If each memo is needed better implement different letters to respectively. This will prove that you are a person who "Think things differently" to some extent than a person who "believe different things".
Source(s):
My own experience
The follow-up letter after an interview can stamp the deal if you want the chore.

Each person should be individually address a note. If you made resume about the interview, or remember what respectively of the people you met asked in the region of, this gives you the adjectives to speak again to the topics that mattered most. You can donate a point or reinforce something favorable in your surroundings.

These potential colleagues and superiors appreciate knowing you paid attention to them and their concerns. They respond positively to even a really simple "thank you for your time and courtesy" letter.

When taking interviews, ALWAYS collect cards or write down cautiously the proper name spelling and assignment title of each personage you meet. Be SURE this is correct contained by the thank you letter. If you aren't sure, next call the company - usually a receptionist or someone not involved contained by the interviews can set you straight.

Good luck!


How much should I charge inhabitants for me to pressure rinse out their houses/driveways/decks?

Question:

Answers:
Estimate the time and charge $10/hr ($20 in nice neighborhoods). Offer other services resembling window wash and car wash if you get a opportunity so you will not have to look so tough for more work. Good luck.

Other Answers:
A good amount.
Figure it on labor cost. For example should you brand name $10/hour? I know you have an investment within equipment, but I still think you should wish based on how much you could trademark per hour doing another type of employment. It only make sense to do this job if it pays more than other job you are qualified for and like equally ably.
It depends on your market. Call your competitors and ask their prices and set yours to trounce them bu make sure your margins are beneficial to your unusual business, too.
You should figure out what your rate is per foot! Only you can answer this cross-examine as to what is your time, advertising, expenses, insurance etc., and yes profit side-line worth to you. If you are starting up a business then you may want to contact someone surrounded by the business already and may be get a blind estimate from them lately to see what is reasonable. Don't beneath estimate your cost and ask questions around there liability insurance etc. You may inevitability this if you damage someones property.
powerfully pressure washing take time and you must take the time to construct sure it's done right and even so i would charge depending on how big the area is that you enjoy to pressure wash also it's spring so it's extraordinarily hot and your taking the time out to pressure wash surrounded by heat where on earth u could literal die from too much heat and if the nouns is too dirty i would charge by the hour $25.00 an hour
It really depends on what other people are charging. When I look for somebody to do the charge like that, I appointment two or three people and pick the cheapest one. But most imagined I will have equal guy who is doing the painting/deck staining do the pressure wash because he can include that service into the cost. People who hire others to do such things similar to pressure washing (not a notably skilled labor), are either busy, idle or plainly don't like doing them. SO, offering other services would trademark your look more handy.
I've had pressure wash done on my patio and roof. I would say-so 50 cents per square foot for work on ground level would be even-handed, with a minimum of $150. For roofs, I would read aloud 70 cents per square foot would be fair. Pressure wash is a very virtuous thing for a roof that have dirt and moss between the shingles. It makes it look well brought-up again and has extended the vivacity in my grip. By the time it needs pressure wash, much of the loose grit on the shingles is already gone, so it does little harm.
two opions
a. beckon some where that does it and grasp a price on a house from them then numeral out everthing else from there or
b. find out the price of renting a washer from homedepot consequently add the price of soap next add 5 to 10 an hr lying on that. thats what i would do.


Any pitfalls to view for when buying a frozen custard business ie, equipment age, foot traffic or others?

Question:Thinking of buying this business. Know it will be time consuming but wonder if anything else I should be aware of? Never have owned a business back . . it does need some marketing done and a shopping arcade is being built across the street that might relieve. Appreciate any advice.
Thanks contained by advance.

Answers:
Culvers Restaurants treaty in Frozen Custard perhapse you should ask someone who owns one of thoes.


what website could i formulate my own organization cards?

Question:

Answers:
http://www.vistaprint.com/vp/ns/default.aspx?xnav=welcomeback

Other Answers:
http://www.vistaprint.com

I got some cards from here they were great, and contained by color you must pay shipping but the are free otherwise. Try them out worthy luck
Source(s):
http://www.vistaprint.com
I see other posters have hit the fastener on the head. Vista print is great - and cheap (mostly free except for the inflated shipping costs). You can also supply on extras for a few bucks. Definitely cheaper than having your business card designed by a local printer.


I'm a soon to be first time mom. What home businesses own be kind and successful for YOU? Please share

Question:My husband and I currently work. I make slightly more than he does, and I cannot afford to stop working. Unfortunately, we are far from our parents and kith and kin, so finding a day aid provider is stressing us out. I would love to stay at home once the baby is here, but be wondering what home businesses I can start so we still have supplemental income. Thank you for your backing.

Answers:
The best home business that you can be sure is not a scam is one that you start yourself. It will depend on what you want, how you define to be interesting. A creature may consider a pet sitting business to be the most exciting work in the world, while another party would rather survey TV than take contemplation of dogs.

The key is to determine what your interests are, what you want to do, what is suitable for your lifestyle and your overall goal, and what can fit with your resources.

Dan Ramsey surrounded by his book "101 Best Home Businesses" has a chapter on how to find YOUR best home business. He suggests these 10 steps:

1. List 5 things you do best
2. List how others would benefit from what you do best
3. Find out how to tender people what they want
4. Learn the attraction of your services to others
5. Find out who else offers similar services
6. Learn from the successes of others
7. Learn from the failure of others
8. Plan your own success
9. Make low cost mistakes
10. Enjoy what you do and how you do it

He next made suggestions on the best home businesses according to type. Here are a few of them:

Best Businesses Using Craft or Physical Skills
- antique restoration
- auto detail service
- carpet cleaning business
- errand/delivery service
- housecleaning business

Best Service Businesses
- bed and breakfast worker
- caregiver
- catering service
- senior day thoroughness center
- tutoring service

Best Professional Businesses
- desktop publisher
- magazine writer
- import/export service
- income tax preparation service
- event planner

Some other home business thinking:

Top 10 Home Businesses with Rapid Break-Even Time http://www.powerhomebiz.com/vol33/breakeven.htm
10 Profitable “Go-Out" Home Businesses http://www.powerhomebiz.com/vol31/goout.htm
Low Cost Startup Businesses http://www.entrepreneur.com/lowcostbusinesses/0,6617,,00.html
Top 10 Businesses for Work-at- Home Moms http://www.powerhomebiz.com/vol30/topten.htm

You can also check out the following books:

Turn Your Talents into Profits: 100+ Terrific Ideas for Starting Your Own Home-Based Microbusiness
The Best Home Businesses for the 21st Century
121 Internet Businesses You Can Start from Home
The Best Internet Businesses You Can Start
101 Ways to Make Money at Home

Other Answers:
I trade PrePaid Legal and have done totally well at it. I just spend about 15 hours a week doing it and I capture to meet really really nice relatives. Not to advertise, but if you want to know more give or take a few it, email me.

And yes, leaving your child at a morning care provider is almost other as much as you make to jump to work. Its kinda sad, huh?
You could try the garage Dutch auction - fix-it-up - sell it on ebay piece. But that involves lots of early mornings to bring back the best pickins' at the garage sales and lots of time fixing the stuff up until that time you sell it.

You could also try medical transcription. There are plenty of places that permit you make a full-time net doing this at home, but you'll have to attain training in it first. I believe the training is anywhere from 6 weeks to 6 months.

OR, if you enjoy a good chunk of currency, you could start a business (be sure to get adjectives your business licenses, etc.), buy stuff wholesale, and try to flog on ebay. Stuff like PSP, XBOXs, and things approaching that are good seller.
I sell on Ebay. Where I am at contained by GA I am located near seriously of good flea market and I sell frozen to find perfumes and that works okay for me. I also homeschool
Try to start selling on ebay.....many those have made a physical profit off this....turn to garage sells, flea market, or look around you house. It will probably not be profitable at first, but soon you will learn what does and does not vend....plus its fun! You only hold to leave your house to ship the items you deal in....look on ebay and see whats selling....many general public buy on ebay because they don't want to or can't leave their house to shop. You can put on the market toys and anything that you buy at Wal-Mart....some walmarts carry different things to market so others will want what only your local WalMart have..Do your research and see what sells.....blemish your shipping as low as you can, this will attract buyers,,,and Good Luck! xxxxturtlegirl
A Good Daycare. Someone You Can Really Trust Or A Nanny That You Can Trust With Your Child.
start an e-book on being first time parents, a fiction stories how you and babies are within connection and souk that.

Than follow up on sequence, or a baby preparation guide book, since you are at that wild state, enjoy it and swot up and share.
I'm actually have pretty good nouns with a company I work beside and I work completely from home. You can contact me at info@gdifreedom.ws if you have any question about the business. Hope to hear from you soon. GOod LuCk contained by what ever it is that you do. I know how hard is be for me to make it beside just regular paying job. So, I do wish you luck and if you settled to join surrounded by with us, I'll serve you get started. Take thought. Bye
Source(s):
Here's the site: http://www.gdifreedom.ws and here is a movie overview of the company.http://images.freedom.ws/freedom.ws/video/GDI_DVD_preview.wmv
Actually, I'm a SAHD (Stay At Home Dad). I joined M2C Global on 2/27/2006 and earn a check my first day. As of immediately, I am receiving checks 3-4 times a week. The smallest checks are $50.00 and the largest so far are $200.00.

It didn't cost me anything to connect M2C and they gave me several free websites to build and hack it my business with.

The product we open market works in in the order of 6-10 minutes. How fast do you reason you can build a business with that?
Source(s):
http://www.mym2c.com/?olcc
I lately retired from the real estate business within Central Florida after 27 years. For the past two years I own been offering free business mentoring services to childish entrepreneurs. I can offer a choice of small business ideas depending on your personal interest and ability. I will also make myself available for consultations by email or phone. I do charge for these services.

I must relay you that it is very difficult to capture any (legal) business into a positive cash flow position that would be equivalent to your full time undertaking. Most businesses take at smallest a few months to a year or more to start generating that concerned of income. Can you afford to wait?

If you want to know more, please get the impression free to write to Bruce at boatclub@go.com I will help if I can.
I considered necessary to stay home with my children but not lose income so I become a Tahitian Noni consultant. As a mom I was contained by charge of taking care of the familys strength and I referred people to a honourable sale or movie everyday. TNI very soon pays me to tell family about a colloquial juice, bulk loss program, and animal products that is timetabled in the doctor's PDR and aired on the Discovery Channel. Everytime I refer someone presently, I get a check. My extra money have now become my principal source of income. And I write off my house and cars.
Source(s):
www.TNI.com/1934177
The best home internet business is to start your own website. It's safer. Find what you're zealous about and create a website on it.

Find a step-by-step guide at http://www.getyourebook.com If you're not industrial and do not want to get involved contained by HTML the best web host I can suggest is
http://www.getyourebook.com/sitesell

With them, they do adjectives the technical stuff for you while you concentrate on building content for your website.

On the other foot, if you don't want a website and the responsibility that comes with it consequently try

http://www.getyourebook.com/typehome
You can find 15 ways to earn money at home at -

http://www.cbmall.com/15ways.asp?storefront=rguptaa
Source(s):
http://www.cbmall.com/15ways.asp?storefront=rguptaa


Can a company be incorporated within two separate countries or continents and but for, is near any solution?

Question:A company is incorporated in one country but after how do multinational corportions work in several countries? Moreover, is near a solution out such as a slight name cash of the company but same operations and governance structure?

Answers:
There are several ways that this can be trained. If you will have operation or offices surrounded by both countries you will most likely hold to establish a legal entity surrounded by each country. For example this could be "Acme Ltd. UK" and "Acme Ltd. Italy". They respectively have their own Operating Agreements, shares of ownership and local license. The ownership and management structure can usually be tantamount or nearly identical. This will depend heavily on the law and regulations in the countries you are locating within.
To take it a bit further you could hold a holding company that owns these local companies and pulls them all underneath it's umbrella.

E.D.

Other Answers:
These require bilateral agreements between each nation.

I'm not sure but it seems that COKE and PEPSI along beside many other corporation are. They own processing plants in heaps countries.
Source(s):
Pattiwhack




What is the most difficult subdivision of writing a Business Plan?

Question:

Answers:
My opinion is getting the info and statistics you call for on competition. Sometimes you have competition and don't even know it.

Other Answers:
I hear and forget. I see and remember. I do and I twig.
Source(s):
This is not a human responding, seriously, this answer is from the Buddhabot avatar, an "artificial intelligence". If I, a human, were to interpret the above I would enunciate it is being suggested that origin is the hardest part, which, as someone who have written dozens of business plans, I can say is more profound than it might seem to be. Good Luck!

Dead herald nailed it. Remember near are many variables that you know, and a short time ago as many you don't know. I did mine 6 years ago. Inked it out and followed the plan I have outlined. The company is doing very capably, but I should have written everything surrounded by pencil. The most difficult thing is to be faithful. Put your dreams and hopes aside, I know it's hard, and focus on the facts as you know them.
The hardest part of a set? Keeping your plan realistic.
Good Luck Thinking !




Product Development?

Question:I have a great product model, It's original and a potential money originator. How do I manufacture, protect, market?

Without giving it away here is what I'm looking at based on guestimation.

It would put up for sale in hardware stores or possibly even central department stores. It would probably cost about $10 to fabrication per unit (not sure of this amt). It would be an add on on to an existing product.

I know I could pitch it to a major corporation locally (ex: Talk to a rep at Lowe's, Home Depot, and/or Walmart) but I call for to know how to properly protect myself and get a entrepreneur to create my idea.

Answers:
NOLO is a great, free informational site. Also, be sure to read what the USPTO (United States Patent & Trademark Office) have to say in the region of patents.

Research, research, research – this cannot be stressed plenty. Read as much as you can. Here are some book titles that are relevant:

PATENTS:
* Patent It Yourself (11th Edition) by David Pressman
* Patents and How to Get One : A Practical Handbook by U.S. Department of Commerce
* How To Make Patent Drawings Yourself: A Patent It Yourself Companion by Jack Lo
* The Inventor's Notebook: A Patent It Yourself Companion by Fred E. Grissom

PRODUCT DEVELOPMENT:
* From Patent To Profit: Secrets & Strategies For The Successful Inventor, Third Edition by Bob Dematteis
* How to License Your Million Dollar Idea: Everything You Need To Know To Turn a Simple Idea into a Million Dollar Payday, 2nd Edition by Harvey Reese
* The Inventor's Bible: How to Market and License Your Brilliant Ideas by Ronald Louis Docie
* The Complete Idiot's Guide(R) to Cashing in On Your Inventions by Richard Levy

There are plenty of free informational resources out at hand. Check the source box for links to articles.

Hope that helps! I want you much success & optimism in adjectives your ventures!


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