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© Fripp Design Ltd 2007
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European Regional
Development Fund
Project Part-Financed
by the European Union
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channels4profit

What do we mean by Consultancy?
Deciding what projects to take on and develop is critical to the long term goals for Fripp Design. Using external consultants is extremely useful as they can give an honest appraisal on the validity of what you're doing...but this normally comes at the cost of up front fees. At Fripp Design we work closely with channels4profit Limited; a sweat equity investment company. channels4profit have 20 years experience in helping start companies and are investors in Fripp Design.
Like any 'inventor', developing new products is fraught with risks. To minimise those risks, we take a very rigorous approach to how we evaluate what has, and what hasn't commercial value. There are four fundamental questions we ask of ourselves when evaluating projects to undertake:
    1) Is there a real problem to be solved?
    2) Can we quantify the value of the problem to solve in monetary terms?
    3) Do many people have the problem to solve?
    4) Is the channel to market established?
If you need help in evaluating and getting your idea to market; contact us
 

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