How to write a business plan.

A little help never hurt. A must for all inventors. As important as a prototype of your invention; is a well thought out business plan. You need to know the value of your product and your investment. If not how do you know you are making the best deal for yourself?

Blaming someone else for “you” making a bad deal is spilled milk. It’s already done!

First step:

  1. How much cash have you invested in your invention?
  2. How much sweat equity do you have in your invention?
  3. How much of a return should you get on these investments?

This video should help. Every invention is the beginning of a mini-business.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s