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06-18-2012, 06:22 AM
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Knight
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Join Date: Feb 2009
Thanks: 45
Thanked 54 Times in 43 Posts
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Selling business 'concepts'
I caught up with a local businessman recently who talked to me about his most recent business venture that has made it to 1 year old now.
He informed me that what he was doing wasn't a franchise (I didn't suggest it was) but that he bought a business idea from someone which included things like supplier contacts, equipment necessary for the business and a few days one on one training and I'm assuming perhaps some ongoing assistance as well.
Anyhow I was just wondering how one goes about doing this? Designing a business but not actually establishing it or running it yourself but rather selling on the plan to someone else.
I have a background in computing and environments (like an office can be an 'environment' but also the natural environment and have often had ideas about potential businesses, or improvements to processes in existing business that I have faith in but have never followed up on because...well I have no formal business background and don't want to own and operate a business.
However this chat got me thinking I should put my ideas down as designs if people are willing to pay for them.
Most concepts I have are self sufficiency systems like semi or fully automated edible gardening systems, waste management, and information collection so facts and figures can be truly appreciated and valued.
So...how would I sell ideas professionally...i.e. not some cheap image ebook on eBay, and how would one go about finding people in the market for these services?
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06-21-2012, 01:26 AM
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Baron
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Join Date: Oct 2011
Thanks: 138
Thanked 154 Times in 110 Posts
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Re: Selling business 'concepts'
use some of the business models yourself, and present your healthy company as evidence of competence
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06-21-2012, 01:37 AM
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Archduke
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Join Date: Nov 2009
Location: New Zealand
Thanks: 931
Thanked 1,008 Times in 687 Posts
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Re: Selling business 'concepts'
You might be surprised all the work that goes into designing a business, if you want to have something worth selling you might need to try it out in practice first. But it's a great idea.
The people who have capital to set up a business are not always the same people with the skills to set one up. Combining the two is key. Also many businesses require a personal touch with local management, and so can not be corporatised or brought under one ownership umbrella.
Btw, ever design a growing system for (cough) plants? There seems to be a huge market, eg. with medical grows, but all the systems I've seen are crappy or technical and user hostile.
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06-21-2012, 02:09 PM
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Join Date: Jan 2009
Thanks: 833
Thanked 1,068 Times in 746 Posts
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Re: Selling business 'concepts'
You mean you want to go into consultancy? You have to show your worth first by developing lots of experience in the business world.
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