Create a solid business foundation with our comprehensive guides to writing effective business plans for your invention. Discover how to structure finances, project growth, and present your concept to potential investors.
All About Share Options Schemes
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 raising much nee...
Balance Sheets
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 at m...
Becoming an Entrepreneur
Thinking of yourself as an entrepreneur rather than ‘just’ an inventor is a necessary step on the path to success. Or perhaps more accurately actually be...
Break Even Analysis
The break-even point of an enterprise is simply, when the money spent on development, manufacturing, and so on, is recovered by income from sales. For an inv...
Capital Equipment and Supply List
Henry Ford once said “If you need a machine and don’t buy it you will find you have paid for it, but don’t have it.” While this can certainly be true...
Finding a Manufacturer
Once an inventor has generated interest in an invention, and secured financial backing, he or she must consider how to manufacture it. If an inventor has sol...
Five Business Strategies for Your Invention
An inventor may come up with what he or she believes is a brilliant idea. Friends, family and fellow inventors may agree. But there comes a point at which th...
Getting Help From a Business Mentor
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 that can...
Income Tax Actions/Considerations
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 matters r...
Invention Promoters
Most inventors will come across invention promotion companies in one way or another either through being approached directly, or through seeing advertisement...
Loan Applications For Your Invention
Histories of technology often mention the inventor approaching a bank manager to whom he or she gives such an impressive demonstration in the office that the...
Making Ends Meet: How to Survive Your First Year in Business?
The first year in business is make or break time for most companies; either you manage to make it through into year two or you don’t. It’s a harsh realit...
New Product Income Projections
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 possible...
Presenting the Product
Much of being a successful inventor is about thinking — and acting — as an entrepreneur and presenting your invention as a product, part of a credible bu...
Product Definition and Specifications
Established manufacturers and design consultancies usually follow a formal process defining the specification of a new product and it’s worth inventors thi...