New Business / Start up
What is your reason for going into business?

The products or services you sell are your business, so know them!

Is your new business venture feasible?

Do a market analysis, you are investing in yourself.

Research the market in the areas doing business in and all other areas for future growth and also know all competitors.

When selling your products and services know the liability obligations.

The manufacturing and packaging of your products is the key to business success.

Employees can be an asset or a liability to your business. There are many business opportunities that can be very profitable that have five or less employees - seek them out. 

When developing a new start-up business, we recommend the following:
  • Market research.
  • Research & development if applicable.
  • File a trademark application if applicable.
  • File a patent application if applicable. 
  • Incorporate your business.
  • A Shareholders Agreement.
  • Business plan with three years of financial projections.
  • Occupational licenses. 
  • Office equipment.
  • Production equipment if applicable. 

After you have invested in your start-up business, you will need at least six months of expense capital. For example, expenses for one month:

  • Your total living cost
  • Employee wages
  • Taxes
  • Insurance
  • Rent 
  • Utilities
  • Product cost
  • Advertising
  • Supplies
  • Maintenance
  • Miscellaneous
  • TOTAL EXPENSES
 $
$
$
$
$
$
$
$
$
$
$
$

Buy Into A Business
Investing in a business that has three or more years (track record) of income will reduce your investment risk. Investing in a start-up business is a high risk investment and approximately 80% fail. But, you can find these that have a market advantage with exclusive marketing rights, patents, trademarks or copyrights that are cash poor and need an investor to be successful and project a substantial return on investment.

Buy A Business
Business Brokers, franchises and businesses advertised in the paper are opportunities. But, when doing business in your community you are meeting the business owners. If you see something you like, ask if it is coming up for sale since some business owners will build them up and sell. It is even possible the owner will help in financing you. 

Confidential Evaluation
Product & Business Development, Inc. will perform a Confidential Evaluation on inventions and business ventures and deliver all necessary Non-Disclosure and Non-Compete Agreements and any other necessary agreements in order to satisfy your needs. We strongly recommend before signing any agreements with us, Product & Business Development, Inc. or others to have your attorney review them with you.