6 Ways To Finance A New Business Without Breaking The Bank

#2: Get into Business with a Big Business Company

Licensing

One of the best ways to enter into the business world is to license the idea you have in mind with the help of an attorney and pitch it to big business players who might be interested to take the leap. The way it works is that the big business firm will take care of the manufacture/development, promotion and sales while you will be handed over a percentage of the sales profits. Make sure that you have a proper licensing in place with detailed non-disclosure agreements so that you are not cheated by your idea being copied in any way.