i have thought of a good invention and now they want me to build it but i dont have the money, is there like a manager you could hire (not a manger but something like it, like a agent) who gives you the money like a buisness partner, then you pay them back with a bit more depending on how well it sells
2007-08-23 02:18:11 · 5 answers · asked by ghfh g 1 in Business & Finance ➔ Corporations
If you can find someone that feels that the idea is worth the investment, get an agreement. You may take it to a manufacturer and they may make a prototype with the right agreement.
2007-08-23 04:59:20 · answer #1 · answered by ustoev 6 · 0⤊ 0⤋
Find out if there is an IBI Global group near you. They help entrepreneurs find the resources they need to advance their inventions or new business plan. Participation in the local groups is free...It's kind of a networking. My husband has used them on a number of occasions for ideas he has had. They were very helpful in pointing him to the right sources and advising him on how to do things. This website link tells you how to find a city club near you: http://www.ibiglobal.com/clubs.htm.
2007-08-23 09:29:37 · answer #2 · answered by kathy_is_a_nurse 7 · 0⤊ 0⤋
Invester
2007-08-23 09:25:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It is called an investor. And you work out the arrangement of how much you pay them - it is all according to risk- for the investor could lose all his money if your invention fails. How is he to recoup that?
2007-08-23 09:24:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋
A venture capitalist
The don't manage the project, they only provide the money.
And, of course, they do expect to be paid for the high risk that they take.
2007-08-23 09:26:31 · answer #5 · answered by dogsafire 7 · 0⤊ 0⤋