Business help: How to introduce a new product to a store/patent help

  • Posted by a hidden member.
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    Apr 26, 2012 8:31 PM GMT
    My aunt's a painter like me in Mexico, and she sells a lot of art supplies made in Mexico, most which I've never seen in the US in a regular art store like Blick or Utrecht, some pretty cool and wacky. She's recently been buying these geometric curved canvases from a guy who custom makes them in Mexico City. I have NEVER seen anything like them, and as soon as I saw them I was like holy shit art stores in the US would IMMEDIATELY snap these up.

    So although I saw immediate dollar signs in the business possibilities, I have no clue where to start! Does anyone have any tips on how to go about proposing this product be introduced to art stores like Blick, and how I make a profit being the middle man between the manufacturer and the market? Should I also be considering looking into a patent for them? Could I even patent something like a geometric curved canvas?

    Thanks for any advice!
  • WhoDey

    Posts: 561

    Apr 26, 2012 9:07 PM GMT
    Shark Tank
  • Posted by a hidden member.
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    Apr 26, 2012 9:39 PM GMT
    You need to start by creating a business plan.

    This is a bit in-depth, but there are templates and tutorials from the Small Business Administration.

    www.sba.gov

    You also might find out where your local SBA office is and schedule an appointment. They have counselors there that might help you find research and resources.

    But be aware that it takes a bit of time and research to put a good business plan together in order to get good financial backing.

    SBA also has resources and loan programs to help fund your business.

    That would be my first step.
  • TheBizMan

    Posts: 4091

    Apr 26, 2012 9:54 PM GMT
    Business plan buddy. Then find an investor to give you start up equity.
  • Posted by a hidden member.
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    Apr 27, 2012 12:34 AM GMT
    pm me i can give some advice, but i need a description of the product and a pic
  • HPgeek934

    Posts: 970

    Apr 27, 2012 12:36 AM GMT
    guy6 saidpm me i can give some advice, but i need a description of the product and a pic


    I hope the OP isn't dumb enough to fall for this one
  • jackp0t

    Posts: 50

    Apr 27, 2012 12:38 AM GMT
    since you're in Mexico.
    I did an internship at a company that could help you

    http://www.ceoconsulting.com.mx/


    if you want to consult them they will do all the market research for you.
    if you want something closer I'm sure you could find it.

    Good luck
  • Posted by a hidden member.
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    Apr 27, 2012 12:46 AM GMT
    HPgeek934 said
    guy6 saidpm me i can give some advice, but i need a description of the product and a pic


    I hope the OP isn't dumb enough to fall for this one


    and you have trust issues... geeze mind your own business

    anyways OP, I studied to start small businesses, pictures and what it does helps me to help you refer to you a target market

    and i don't want to steal your idea because i have my own to think about.
  • HPgeek934

    Posts: 970

    Apr 27, 2012 1:04 AM GMT
    guy6 said
    HPgeek934 said
    guy6 saidpm me i can give some advice, but i need a description of the product and a pic


    I hope the OP isn't dumb enough to fall for this one


    and you have trust issues... geeze mind your own business

    anyways OP, I studied to start small businesses, pictures and what it does helps me to help you refer to you a target market

    and i don't want to steal your idea because i have my own to think about.


    No, it's stupid on his part you trust a total stranger with an idea they want to market.
  • Posted by a hidden member.
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    Apr 27, 2012 1:14 AM GMT
    HPgeek934 said
    guy6 said
    HPgeek934 said
    guy6 saidpm me i can give some advice, but i need a description of the product and a pic


    I hope the OP isn't dumb enough to fall for this one


    and you have trust issues... geeze mind your own business

    anyways OP, I studied to start small businesses, pictures and what it does helps me to help you refer to you a target market

    and i don't want to steal your idea because i have my own to think about.


    No, it's stupid on his part you trust a total stranger with an idea they want to market.



    There are still people out there you can trust ok...

  • swall1963

    Posts: 161

    Apr 27, 2012 1:28 AM GMT
    Contact a business attorney in your area that you can trust. Ask around. Do not give details to anyone without consulting an attorney first. I know this sounds "paranoid" to "guy6" but he doesn't even have a picture on this site. Sounds like a neat idea and I wish you success.
  • Posted by a hidden member.
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    Apr 27, 2012 1:55 AM GMT
    Thanks for the advice guys! I received a really awesome private email which explained the pitfalls I could run into from trying to actually patent this product, which really isn't what I'm shooting for ultimately since I've got a lot on my plate with other things going on and don't have the time to invest in this idea fully.
  • Webster666

    Posts: 9217

    Apr 27, 2012 2:06 AM GMT
    You can patent almost anything, but it's an extremely long, arduous process.

    Why don't you buy a quantity of the canvases, then sell them on line ?

  • Posted by a hidden member.
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    Apr 27, 2012 11:03 AM GMT
    guy6 said
    HPgeek934 said
    guy6 said
    HPgeek934 said
    guy6 saidpm me i can give some advice, but i need a description of the product and a pic


    I hope the OP isn't dumb enough to fall for this one


    and you have trust issues... geeze mind your own business

    anyways OP, I studied to start small businesses, pictures and what it does helps me to help you refer to you a target market

    and i don't want to steal your idea because i have my own to think about.


    No, it's stupid on his part you trust a total stranger with an idea they want to market.



    There are still people out there you can trust ok...



    Sorry guy6 - a faceless new profile with very little information doesn't ring trustworthy. Especially when patents or trademarks haven't been locked into place yet. Hpgeek is correct. This is a bad idea.

    My post was for government agencies that provide free help, by the way. You say you studied to start small businesses, guy6. What are your credientials?

    I have an MBA in accounting and finance and teach a course on small business funding.
  • Posted by a hidden member.
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    Apr 28, 2012 1:44 AM GMT
    That is a tricky piece of intellectual property. Maybe it would fall under design rights? You would also have to do a lot of research to see whether the canvas has been 'anticipated' (thus defeating the property right) by being registered by someone else or sold in the US. Even if a boutique store in the US has ordered a couple of them to sell, this could mean that the invention is no longer novel.

    You're going to have to shell out some money to register the canvasses anyway, you may as well start by contacting a law firm who deals with IP so that you know whether it is possible.

    I think there is also a moral issue here about exploiting another's skill and ingenuity...
  • Posted by a hidden member.
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    Apr 28, 2012 1:50 AM GMT
    cold said
    I think there is also a moral issue here about exploiting another's skill and ingenuity...


    Oh those things don't matter flutter.gif

    I've decided not to do anything with the canvases anyway. I can't even sell them online, they're so heavy and irregularly shaped the shipping cost alone would be a nightmare.
  • Posted by a hidden member.
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    Apr 28, 2012 5:52 AM GMT
    http://www.bplans.com/ if you ever need it.

    btw do you have pics of any of them?