Business Plans

You may have seen on television or read in newspapers about the sale of shares to employees of companies or the general public as a means of...

A balance sheet is a way of indicating the financial state of an enterprise at a particular point in time. For an inventor the ‘enterprise’ could be...

Thinking of yourself as an entrepreneur rather than ‘just’ an inventor is a necessary step on the path to success. Or perhaps more accurately...

The point at which your invention business will break even is something which needs to be taken into account when planning how you’ll proceed taking...

Depending on the nature of your invention, you may need workshop equipment to produce prototypes. Deciding what you need to buy, and what you can...

An inventor, especially a new one, may feel isolated. The creation of a product from an initial idea is demanding. There are pitfalls along the way...

When running a business or operating as a sole trader it is important - indeed one of the most important aspects of running any business - that all...

Using external invention promoters is rarely the best course for a new inventor: the success rate is very low, and the only guarantee is high fees....

Thinking about and presenting your invention as part of a new business, is important to securing a favourable loan, and in the process is crucial to...

How do you make it through your first year in business? What areas of the business should you concentrate on? Here we offer practical advice on how...

While many inventors would love to be able to predict right from the start, how much money their inventions will bring in, realistically, it is not...

Much of being a successful inventor is about thinking — and acting — as an entrepreneur and presenting your invention as a product, part of a...

Putting together a specification for your invention allows you to see it as a product, in the context of the market. The PDS method takes the...