Turning ideas into business
Having a good business idea is not easy, turning it into an enterprise is even harder. The idea must be developed, tested, compared with suppliers, potential clients, industry experts. In many cases, the idea can be protected, where the legal system confers particular characteristics to it, for example: an invention, a design, a work of art, a brand, an advertising idea. In other cases, the idea is not independently protectable as an intangible asset, then it must be protected with a series of legal safeguards that oblige the parties to the contract not to disclose or use it.
Then one moves to the execution phase: you set up and enterprise, usually a company, and the agreements with the shareholders are reached in writing: it is always good to first clarify what will be the future of the company, to ensure that a good business venture does not cause the end of a friendship or the ruin of the proposal due to personal friction resulting from an initial lack of clarity.
At this stage it is common to find investors who contribute risk capital to provide the necessary financial contributions, and the conclusion of agreements with them, which will allow the healthy development of the company. Likewise, you may make use of various forms of existing incentives. You have to structure the company contracts for clients, verifying business and critical processes, in order to proceed to the allocation of risks in accordance with the provisions of the law.
On the internal front, you need to organize resources in a manner consistent with the company's business model, efficiently and economically, and negotiate relationships with suppliers.
Large companies often use, strategy and management consultants, experts in start-ups, competitive positioning and management of processes for this phase. If unable to have the resources for a strategic advisor for smaller companies, it is still important to at least consult with a legal expert to avoid making mistakes that can slow or stop the growth or development of the project.