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jessicasaunters
12-10-2005, 03:42 PM
Hi
I have come up with a new idea for a recycling bin, where do I start? HELP I have done some research and think this is a hole in the market any information would be gratefully recieved!
Thankyou

thickchick
28-10-2005, 11:26 AM
Hi Jessica

You will need to take a look at pulling your research together and taking a look at your financials to eventually put together a Business Plan.

You may also have to consider intellectual property if it is a new product - check out the Be Your Own Boss - Business Planning section of the website - there is a guide to Intellectual Property with further contacts and www.patent.gov.uk

You should contact your local support organisation who can offer start-up advice and help you take a look at your financials and draft a business plan. You will be able to find links at the following sites:

England - www.businesslink.gov.uk
Wales - www.businesseye.org
Scotland - www.bgateway.com
NI - www.investni.com

Contact your bank to discuss your circumstances as well.

The Prince's Trust will sometimes provide funding for people under 18, but this is not as common as it used to be.

Have you worked out how much money you will require, and what you will need it for?

You may find it useful to take a look at the following:

http://www.businesslink.gov.uk/bdot...icId=1073858790

http://www.shell-livewire.org/beyou...d=1&subcatid=19

Good luck