18
Mar

Where Can I Sell My Business Ideas

Many people today are with different business ideas that they have developed and invented. But instead of diverting their attention, energy, and time on implementing these ideas to build a full-scale business themselves, they would instead want to put these business ideas on sale for others to implement fully. Maybe because of their limited financial resources or because they are good at inventing business ideas. Are you one of them? Are you with business ideas that you are willing to put on sale, but you don’t know how and where to sell your business ideas? 

This article will assist you and show you some tips on how and where you can sell your business ideas, whether you have successfully secured a license for your invention and ideas or you are yet to.  

Open google my business account.  

This is a place on Google where you create your business profile and advertise your business ideas and invention to prospective investors or customers, who will, in turn, buy and implement the whole of your business ideas.  

Approach prospective companies or manufacturers that are in line with your ideas 

The first step that you need to take is to scout for companies or manufacturers that are already existing in the same line of your business or product ideas. You will see plenty of these companies or manufacturers online through Google search. It would help if you typed your keywords into it. I will advise you to browse through the different websites or an online database of these companies or manufacturers of your choice of business or product ideas. Browse through their website to see information about their company policy. You will know their business and transactions reputation through your research. If they have a good track record of working with investors and if their past relationships with these investors were successful. This will help know if you can have a profitable business with the company or not. 

Apart from online, you can even identify some local manufacturers or companies within your proximity that might have a good fit. You can visit them to have a one-on-one meeting with them and discuss your business ideas and invention. Some might even be interested in buying your business ideas if they see that your planned product or service will boost them to compete with other rivals companies in the industry. 

You can sell your business to the government.  

You can approach some government agencies or officials through face to face contact or their official email to sell your business ideas and invention for many reasons. The reason for marketing your business ideas to the government might be because you lack buoyant financial aid to build the business, or your business ideas might be on research and development or governance-related that will contribute to the government internally generated revenue. The government will not hesitate to buy this business idea from you if they know it is profitable and efficient. 

You can sell your business ideas to friends and families. 

You can advertise your business ideas and invention to some friends and family members that you know who can buy and invest your business ideas to the full.