Help with a new business idea

NDAs are often not of much use. A lot of professionals refuse to sign them "because of [their] professional integrity" whatever the hell that means.

Hopefully Jon@HandsOn will tell me if I'm talkign rubbish (where's he been lately anyway?)

I'm happy to sign an NDA if you want to bounce anything off of me, although I'm not sure I'd be of any use as we have similar skill sets.

d

I have NDA's and am always happy to sign one if you want any input.

Rob

Hi..

Here I am Duane...have been busy lately with a case in Scotland and development here in Georgia nearly finished then hopping on plane back to UK!.

I would endorse Phil's advice, to ensure the NDA is specific to cover your project and not just generic. Your best move would be to talk to regulated professionals i.e. lawyers, trademark attorneys etc and then select a group for sounding out once you have the specific NDA in place.

I am happy to draft a specific NDA if you could email me the details to the email address below.

Jonathan

Whats your idea then?

Creospace,

I buy and sell buisnesses for clients, but I also help people set up businesses. I would be happy to sign your NDA when you get it drafted, I might be able to help you on the financial side dependent on what you are looking for.

One of the things we do is help businesses licence their product. This provides you with cashflow but allows you to distribute your product nationally, or worldwide through your licenced distributors. It is a relatively new concept in UK, I am just developing it at the moment.

Let me know if it might be of interest.

Gary Brown

Hi Gary

If you've got any questions about the marketing, you know where to come.

Steve

Hi Crossguard,

I thought it was worth explaining what I am doing in this area. I am looking to work with business owners who want to look at an alternative to franchising their business.

The drawback to Franchising is that the franchisee has to pay large royalties and ends up with a sleeping partner in the business.

They are usually forced to open a shop or outlet to a very demanding specification, laid down by the franchisor costing anything from 50-400K. This may have to be borrowed and reduces the profitability of the business. They are also forced to do business in a particular way, often restricting the way they can trade.

This can sometimes stiffle the growth of the business. There are also issues about exiting from the business and often the franchisee is locked into a buy-back scheme.

However the Franchisor may have little option than to go down the Franchising route to protect their name and trading style. This can mean the process of franchising is very expensive for the Franchisor. Finding the right prospective franchisees with equity and financial standing to open a franchise is a constant problem, very labour intensive and usually needs a Franchise manager to do it well.

I have developed a system that eradicates most of these problems, it offers a far more cost effective route both for Franchisor and Franchisee. This is achieved by lower start up costs, which means there are more funds available to invest into the business for things like sales and marketing, more freedom for the licencee combined with more growth potential and a more profitable business going forward.

It opens up the marketpalce to more business owners who want to expand their business without the disruption and risk of franchising it.

Small business owners and even start ups can consider this route and can use it as a way of expanding the business rapidly, with less stress than conventional routes and it can be cashflow positive.

Hope this explains more about what I am doing in this area, if you are interested or have clients that may be interested please pm me your contact details.

Gary

Crossguard,

I have just noticed your contact number on the bottom of your post.

Te he,

I will contact you on Monday.

Gary Brown.