I have hit upon a concept which would help a retail chain, greatly reduce its over heads and make it more competitive.
I do not work for the particular retailer, but how should I go about making an approach, and what kind of renumeration should I expect.
Also how would I ensure that if they did listen to my idea, they wouldn´t implement them with out paying me.
2006-12-18 08:00:06 · 10 answers · asked by Kasefoos 1 in Business & Finance ➔ Other - Business & Finance
This is an great question.i have ran through this thought myself
1, I would get a TRUSTED legal advisor to witness your idea as a presentation.
2, Do that with an independant witness, and pay both to sign agreement.
3, Create a summary (no detail)of the project and propose the company sign an agreement to accept that any ideas realting to that are a direct result of your full proposal. Do not make proposal without a signed agreement. if you don't then they have no obligation to acknowledge you as the originator.
2006-12-18 08:07:45 · answer #1 · answered by curious cat 2 · 0⤊ 0⤋
Get it patented. This will cost, but go to a solicitor and get them to read through all the clauses and get them to explain it to you in clear English.
You'll need capital. When you know the idea is yours and nobody can copy it to an extent, you'll need to get people to buy the 'idea'/product. Money is the biggest factor. Of course, you'll need to go to the head of retail chains (not the branch sales assitants!!), but you'll be useless to them if you cannot supply.
Don't under-estimate costs. Whatever you're idea is, you'll need to have the money behind it to produce the merchandise. Get in touch with factories and suppliers. Work out your budget. How much do the items cost, how much will you sell them for. Shipping, tax, VAT, EVERYTHING.
When you approach these retail chains, you'll only get one chance, so have figures, facts and present them well.
2006-12-18 17:02:07 · answer #2 · answered by Crystal 3 · 1⤊ 0⤋
As its a concept you have come up with,you must before you do anything !get it protected !by this i mean a COPYRIGHTED,your idea will not fall under a patent unless its an INVENTION.If you need any more help drop me an email.
I also have some really strong contacts in high places in the retail sector.
Hope this helps
2006-12-18 16:17:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You need to patent your idea, if its viable. This costs money but if the idea is good enough then its worth the outlay.
The patent will protect your idea if its original and will give you a base for litigation should the retailer take the idea and decide not to pay you.
2006-12-18 16:05:53 · answer #4 · answered by Steve D 2 · 0⤊ 0⤋
first of al, write down your idea completely and then send it to your self via special delivery for the letter to be dated.
then approach a branch of the store and get the head office address and phone them up and ask to see some one. take it from there
2006-12-18 16:05:36 · answer #5 · answered by baconbuttyman 2 · 0⤊ 0⤋
what ever your idea shouldn't you make sure you get it patented first? Without this you will find it hard to prove it was your idea and you could lose out.
2006-12-22 04:18:14 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Get your idea copyrighted, then approach them, so that way they cant steal your idea, without paying for it!!!
2006-12-21 12:49:30 · answer #7 · answered by Naughty but nice 3 · 0⤊ 0⤋
would try to help "but" you have stated one retail chain::::so theres more in this market why this one ????
2006-12-18 16:07:58 · answer #8 · answered by Anonymous · 0⤊ 0⤋
set up yourself + put them out of business.
2006-12-22 08:15:07 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Tell me everything and i will advise you.
I mean everything.
2006-12-18 16:02:36 · answer #10 · answered by spidermike 2 · 0⤊ 0⤋