Are you looking to sell your business ideas? Are you wondering where to start? In this article, we will answer the question: ‘Where to Sell Business Ideas’ and provide you with seven steps to help you to do so successfully.

Where to Sell Business Ideas?

When you are trying to sell a business idea, there are a variety of places you can go to find potential licensee companies, including retail stores, online stores, trade associations, trade shows and even your local library. You can also create your own website or use platforms such as Fiverr to sell your business ideas.

How To Sell An Idea In 7 Steps

Selling a business idea can be a daunting task. However, with the right steps and preparation, you can make it much easier. Here are seven steps to get you started:

  • Research Your Idea: Gather as much feedback as possible on your own invention idea.
  • Establish Ownership: Do some legal legwork to ensure you have the rights to the idea.
  • Test Your Idea: Run tests to make sure the idea is viable and desirable.
  • Identify Target Companies: Research potential companies that may be interested in your idea.
  • Prepare A Professional Pitch: Put together a presentation that showcases your idea.
  • Know Your Market: Understand the market and how you can best fit into it.
  • Be Prepared To Negotiate: Know what you want and be prepared to negotiate.

Technically, yes, you can sell an idea to a company without a patent. However, it’s important to enter into an NDA contract with the company to protect your idea.

Selling a business idea can be a challenging task, but with the right steps, you can make it much easier. Remember to focus on the potential partner and the market, as well as the product, service or business you are pitching. Additionally, research your idea, test it, and be prepared to negotiate.

If you need additional help, don’t hesitate to reach out to an expert business broker. is a great resource for answers to all your questions about selling a business and about business brokers.

What is the best way to market a business concept?

5) Create a Presentation. …
6) Pitch Your Idea. …
7) Follow Up. …

1) Gather information about your idea.
2) Make sure that you are the rightful owner.
3) Test your concept to ensure it works.
4) Identify firms that may be interested in your idea.
5) Create a presentation to showcase your idea.
6) Pitch your concept to the chosen companies.
7) Follow up after presenting your idea.

What is the best way to monetize a business concept?

Step 1: Conduct Market Analysis. Gather information about the potential market for your invention to show its commercial potential.
Step 2: Construct a Presentation. …
Step 3: Pitch to Investors. …

Are there any venues where I can present my ideas for sale?

Idea Buyer is a business that specializes in helping turn your vision into a reality. They have an open policy that accepts product suggestions in any area, making them an ideal choice for inventors.

Is it possible to generate income through selling ideas?

3M is a well-known company that utilizes science to create products that enhance their customers’ lives, health, and safety. Sharper Image, Bosch, All Star Innovations, Hyde Tools, Jokari Home Solutions, BD, and Wilson Sporting Goods are all companies that pay for ideas.