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What we do
The Riordan Company helps introduce inventors, who have products that
fit our evaluation system criteria, to investors seeking to fund viable
projects. We also help investors, who are seeking viable projects that
fit our criteria, to meet inventors with great ideas. It's a two way
street!
Investors often turn to us for "the rest of the story" before funding
business plans or joining limited partnerships based on the launch of a new
product. They soon learn to trust and value our opinion on projects they bring
to us and also become confident that any product we bring to them has been
thoroughly evaluated for viability. They know we believe in the product or
we would never show it to them.
If you are an inventor looking for funding for a new product
. . .
Creative funding strategies are a specialty of ours. There are many
different sources and methods of obtaining legitimate and "friendly" funding
for a project if the project has been determined to have potential and can
generate excitement among potential buyers and investors alike.
If you are an investor looking for investment opportunities on the
ground floor of new product launches . . .
At any given time, we usually have several clients with products that we have determined
have potential and are in need of investment and or partners. If you are an
investor and would like to broaden your portfolio, give us a call, we may have
the perfect match for you. If you wish to not only invest but also take an
active role in the management of a product or start-up launch, even better. If
we do not have a product investment opportunity that fits your profile, we will
keep your request active until we do. And, we will never bother you until we
find what you specify in your investment profile.
Creative funding strategies for inventors and investors
Inventors are not the only ones seeking creative funding strategies. Savvy investors seek strategies to minimize their investment exposure
in funding startups.
The Riordan Company is unmatched at creative funding strategies. For example,
we have helped both inventors and investors negotiate agreements to fund the
manufacturing of an entire project through vendors who supplied the parts,
assembled & packaged the products and supplied the first finished goods for
distribution, in return for an exclusive manufacturing agreement for a set-forth
period of time. Thus the inventor or investor is able to get the product on the
shelves before having to come up with any out of pocket manufacturing and
production costs.
Another classic example of creative funding is the use of a multiple
source strategy wherein every supplier is paid more than they bid for the
job, proportionate to their exposure and for a pre-determined number of
parts, in return for supplying parts, raw materials, printed materials,
packaging etc. "up front".
As an inventor, what are your options?
Let's say you have a great idea for a new product. Your immediate next
challenge becomes putting up the money to get the product in-hand. Expenses
may include material costs, production costs including molds, stamping dies,
fixtures etc., packaging costs and marketing costs including brochures,
catalog sheets, displays etc. If you can start on a shoestring and
"bootstrap" the project, great. That is usually the best way. It will
leave you with less investor costs to pay downstream. Sometimes, as in the
case of a HOT fad item you require virtually all the money up front in order
to get your product on the shelves as quickly as possible to take maximum
advantage of the fad sales curve.
Consider your options:
- Free Help
- Funding Your Invention Yourself/borrowing from yourself
- Pay As You Go
- Savings Accounts
- Credit Cards
- Borrowing from friends and family
- In House Funding For Employees
- Borrowing From Banks
- Lines Of Credit
- Home Mortgage
- Loans On P.O. 'S
- Borrowing From The Government
- State Funds
- Federal Funds
- Business Clubs
- Joint Ventures
- Limited Partnerships
- Vendor Financing
- Buyer Financing
- Factoring
- Bridge Funds
- Venture Capital
- Taking Your Company Public
- Sales Of Licensing Rights In Return For Parts Or Products You Can Resell
Each of the options listed above have benefits and drawbacks that
must be weighed against the unique needs of any given product or project. Many of them are stage dependent and will be a good choice or a bad choice
depending upon how close the product is to being ready for launch. We can
help you sort it out!
Please be sure to visit our other sections below for a few examples
of products launched and projects completed by the James F. Riordan Company, Inc
For a list of our fees for our services please see our Fees for Services page
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