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home | Business Basics

Business Basics

From finance to the practicalities of setting up a company, you can't ignore the basics of business when you're setting out to develop your new idea or product.

From Education Idea To Entrepreneur - Launching An Innovative Learning Tool
Meeting audios and introduction

What does it take to get an innovative learning product onto the market? Sue Scott-Horne, Director of EGAR Educational Games and Resources for young people, talked at a She's Ingenious! meeting about her journey from a career in youth work to becoming an award-winning entrepreneur . . . keep reading

For Profits Or Purpose?
Celia Gates

What kind of an inventor are you? The type who puts purpose above profit, and dies penniless? Or one of the new breed of inventor-entrepreneurs who reap the just rewards of bringing solutions to the world? Celia Gates inventor of Doctor Cook saucepans, argues for why every inventor should make the transition to entrepreneur . . . keep reading

Have You Got The Makings Of An Entrepreneur?
Cally Robson 12 Nov 2009
Every innovative person has an entrepreneur hidden somewhere inside them. In celebration of Global Entrepreneurship Week, here's my checklist of the entrepreneurial traits needed to unleash the business success in a great idea . . . keep reading

How To Know If Your New Product Will Make Money
Don Debelak

Will your new product make you money? Or lose it? US invention expert Don Debelak's guide to understanding product pricing, manufacturing costs and the pricing structure in different distribution channels, is relevant wherever you plan to launch your product . . . keep reading

What Does It Take To Get Investment?
Cally Robson 3 Sept 09
Rather than credit crunch gloom this summer, I've heard of more investment funds and initiatives springing up in search of the RIGHT innovative products and technologies to put money into. So what does it take to have the "right" kind of idea for investment? . . . keep reading

Applying For Grants - The Essential Interview
Alan Eklid interviewed by Cally Robson (complete)
Avoid the grant application minefield. The complete interview on making grant applications and going for awards is here for you to listen to in one go, or download to take away. . . . keep reading

Turn Your Business Plan Into Your Best Friend (Tip 4 of 5)
Mark Sheahan interviewed by Cally Robson

It's safe to say every inventor-entrepreneur dislikes writing a business plan. And yet the focus it brings to key areas or research and development makes all the difference between an innovation's success and failure. Find out why serial inventor Mark Sheahan always goes back to the business plan. . . . keep reading

Where Does Applying For A Grant Fit In The New Product Development Process?
Alan Eklid interviewed by Cally Robson
Many new designers and inventors expect to find a set template to follow for their new product or invention. But there isn't one. NPD and grant specialist Alan Eklid shows how to go about identifying what comes first. . . . keep reading

Awards vs Grants? Which is easier to get?
Alan Eklid interviewed by Cally Robson
Many people think getting a government grant to develop their new idea or product is going to be the easiest option. Find out why grant specialist Alan Eklid suggests looking into competitions and awards too. . . . keep reading

How To Go About Writing A Grant Application
Alan Eklid interviewed by Cally Robson
Your new product or innovation might be clear as crystal in your head. Even so, don't expect to complete a 10-page application for funding in one sitting. Grant specialist Alan Eklid shares some tips on the best ways to go about writing an application. . . . keep reading

How Do Protecting Your IP And Grant Applications Work Together?
Alan Eklid interviewed by Cally Robson
You need cash to take you through the first steps of prototyping and patenting your idea. Find out how making a grant application needn't be at odds with your Intellectual Property if you handle it the right way. . . . keep reading

Not All Grants Will Apply To You Or Your Idea. Find Out Why It's Important To Sift Them.
Alan Eklid interviewed by Cally Robson
Don't waste time chasing grants that won't apply to you. Grant specialist Alan Eklid often points inventor-entrepreneurs in the right direction, but there's no substitute for doing your own research. . . . keep reading

Looking For Funding? Don't Forget To Apply For Awards Too
Alan Eklid interviewed by Cally Robson
While grant funding is proving harder to come by, numbers of prizes and awards available are increasing. Find out how awards and grants differ, and why it's good to look beyond government grant funding for your new idea. . . . keep reading

The Two Common Mistakes To Avoid When Submitting A Grant Application
Alan Eklid interviewed by Cally Robson
With increasing competition for grant funding, it's essential to follow application instructions to the letter. Grant application expert Alan Eklid tells us the two obvious mistakes made by most applicants - simply getting these right significantly increases your chances of success. . . . keep reading

To Find The Right Grant, Just Look In The Right Place
Alan Eklid interviewed by Cally Robson
It's small comfort to hear there are dozens of grants available for start-ups and new ideas when you don't know where to find them. Grant specialist Alan Eklid tells us the best places to start searching on the Internet, and how to tap into the innovation funding that is being pumped into Universities and research institutions. . . . keep reading

Does A Grant Application Expert Give Help For Free?
Alan Eklid interviewed by Cally Robson
Getting advice from a professional grant applications specialist in like Alan Eklid significantly increases the chances of your new product or invention winning funding. Find out if you should expect to pay for their services upfront, do a no-win-no-fee deal and what you can expect to get for free. . . . keep reading

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