It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Evansr
I understand facebook is looked down by many here, but for promoting a service it def. serves it's purpose.
Maybe you could create a page, check with your local customers to add and spread through their friends like this,
Twitter is also a handy tool, and maybe more down the line a blog dedicated to the products you bake.
It'll attract costumers and maybe helping hands
Originally posted by PuterMan
reply to post by Evansr
I would say all of those ideas were excellent for generating further business, but to get the business capitalised you need a venture capitalist. Google one of your local business angels.
sbinfocanada.about.com...
and in particular:
www.ventureworthy.com...
edit on 30/5/2012 by PuterMan because: (no reason given)
While the difference may not be great, depending on the particular circumstances of the company, a debt position involves less risk than an equity position for the venture capitalist. Accordingly, a company should not have to relinquish as much ownership when a financing is in the form of debt. However, this advantage must be weighed against the disadvantages of debt.
Originally posted by Evansr
reply to post by jude11
How about getting another person to run it? I really think it helps to grow the costumers base and may attract sponsors.
You could also just stick papers all over town, someone will see them
Originally posted by PuterMan
reply to post by jude11
Not my field I am afraid but this might help
While the difference may not be great, depending on the particular circumstances of the company, a debt position involves less risk than an equity position for the venture capitalist. Accordingly, a company should not have to relinquish as much ownership when a financing is in the form of debt. However, this advantage must be weighed against the disadvantages of debt.
Venture Capital Financing: Structure and Pricing
Originally posted by FissionSurplus
I don't know about Canada, but in the US we have something called a "small business loan". You may want to keep an investor out of it, because an investor might decide that he or she has a right to the recipes you want to keep proprietary, and if there is a falling out, suddenly your recipes are used in a book or put online.
I have a friend who bought a small hole-in-the-wall restaurant, and thanks to word-of-mouth, smart marketing using the internet (especially facebook), and small business loans, grew to four restaurants within 7 years.
You could enlist the help of a friend to push to facebook angle (making sure to visit pages related to diseases which require a gluten-free diet....don't forget pages for autism, too), and also another source of revenue would be to hit up hospital cafeterias to see if they would be interested in having a few shelves dedicated to your gluten-free fare. I used to eat at a hospital cafeteria every day when I worked in a building next to one. They had a great deal of healthy foods, and many of the medical professionals were very health-conscious with their choices for lunch, so hospitals would be an ideal place. Any place that seems like it has health-conscious people would be smart choices to try and market your baked goods.
A big natural page I read a lot is Natural News....a plug from Mike Adams would go a long way!! www.naturalnews.com...
You could patent your recipes for 7 years, and if you play your cards right, people will be so brand-loyal to your outfit, it wouldn't matter if there were copy-cats then.
Best of luck!
www.ic.gc.ca...
sbinfocanada.about.com...
Originally posted by LightSpeedDriver
reply to post by jude11
As you are looking for investors, would a bank not help? At least they wouldn't want a share of profits or control of the company but just interest on the loan.
As for taking it to the next level, could you do that gradually with regard to supply and demand? For example, say you have 3 businesses and 1 supermarket who wants your products, could you either start supplying them one by one slowly or possibly just give each customer 25% of what they want until things are more expanded? It's probably not much of an idea but I'm just trying to think along with you.
ETA And to work around any possible problems of recipe theft, you could supply ready made dough or ingredient mixes that just need baking somewhere else or perhaps mixing.edit on 30/5/12 by LightSpeedDriver because: ETA