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Accounting Practices
Accounting Practices
This article looks at what make up the most common accounting practices and how you - as a sole trader or limited company - can use them to help your business...
Applying for a Loan
Applying for a Loan
Loans from high street banks are a common route for inventors to raise finance to take their inventions further, but soft loans obtained through government initiatives…...
Becoming an Entrepreneur
Becoming an Entrepreneur
Transforming yourself from inventor to entrepreneur is the crucial part of turning your invention into a business, and you may need to change the way you think as well…...
Covering the Cost of Exporting Your Product
Covering the Cost of Exporting Your Product
This article looks at how - as a newly set up business with a new product - you can cover the cost of exporting to other countries...
Funding your Business - Small Business Loans
Funding your Business - Small Business Loans
If you have a small business and need financing what do you do? We look at Small Business Loans (SBLs) and offer some advice...
Government Programs
Government Programs
The DTI's Grants for Research & Development, administered through the regional development agencies, are a good source of matched early-stage funding for developing an…...
How Do I Raise Money for an Invention?
How Do I Raise Money for an Invention?
Grants, loans and venture capital are all methods of helping develop an invention into a viable business, and in each case it's important to see your invention in…...
Investor Venture Capital
Investor Venture Capital
For an invention which has already progressed to being a business, securing venture capital investment is a common way to fund expansion and continued development....
Loan Applications For Your Invention
Loan Applications For Your Invention
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 transforming you…...
Maintaining an Agreed Overdraft
Maintaining an Agreed Overdraft
This article looks at how to maintain an agreed overdraft and what steps a small business or sole trader can take to safeguard themselves from large debts if a…...
Securing Funds against Assets
Securing Funds against Assets
This article looks at ways to secure funds for your business against assets the business already owns....
Student Programmes and Young Inventors
Student Programmes and Young Inventors
Studying design and engineering can be an excellent way for a young inventor to gain expertise and a background which will make independent invention and new product…...
Submitting Inventions to Competitions
Submitting Inventions to Competitions
Submitting an invention to competitions is a great way to achieve funding and publicity. There are organisations around the world looking for new product ideas....
Tax Returns & VAT Inspections
Tax Returns & VAT Inspections
This article looks at Tax Returns and the subsequent VAT inspections which may occur if there are what Her Majesty's revenue and customs deem to be inaccuracies...
The Importance of Company Incorporation When Setting Up a Limited Company
The Importance of Company Incorporation When Setting Up a Limited Company
This article looks at how to register your company as a limited company...
Types of Grants Available
Types of Grants Available
There are a number of grants available to help inventors turn their innovations into businesses. This article looks at the most significant of these, the DTI's R & D…...
Using a Business Angel
Using a Business Angel
Business angels may expect a high return on their investments, but inventors who use them can have the double benefit of funding and expert advice....
What is Business Banking?
What is Business Banking?
This article looks at business banking and how it can be useful to your company...
Yearly Finances and Dividends in Business
Yearly Finances and Dividends in Business
This article looks at how the yearly finances are measured against sales and also how year end accounts are put together; the article also looks at dividends for…...
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