Selling Business ideas or Not ?

[Sincerem]

The issue of selling business idea should not be encouraged. If you have a good business idea you can rather partner with people and established this business so that you can still have important shares in the business as it progresses.

 

[Alisco]

Business ideas and plans are not to be sold because it's a probability trial and error. Partnership and taking a loan are both the best thing to do but at first if are able to get a loan then there's no need of partnership.

 

[ganibade]

Having a thought of any business isn't the peak yet having the option to change over the thought into working business .

Most occasions individuals do have delightful and practical field-tested strategies but because of some components like absence of cash to fire up the business or absence of specialized know-how .

The individual is left with the choice of one or the other selling out the thought or going into association with someone else who can back the business .

Which will you favor when in a position where you have a business thought yet no cash to back it , will you like to get credit(loan) and start the business or sell the business or go into association with someone?

It is good to sell a business idea for the benefit of others that doesn't have that particular ideas, in order to make money on online businesses, by doing so the person will have more knowledge of that business to the extent of getting more income.

 

[Ofonime6]

There is nothing wrong selling business idea but one funny thing which you need to know is that people are also offering same services for free so I think that selling business idea will depend on the type of business niched which you are into.

People are also making money from this selling business idea

 

[Genie011]

Selling business ideas can be very rewarding ,I know of people that have several ideas but end up not executing the business due to lack of capital and other challenges.

 

[Ayojesu]

It is good to sell business ideas if you don't have enough funds to execute it a and people that know its worth will you good money to acquire the ideas from you