Free Market Test Your Idea

Rats eat up crumbs and left overs and get fat in the process.

Investors

Soil/Seed First stage request for Funding

The are many procedures and systems used to test the viability of business ideas: including software programmes primed with 'Best Scenario'. Data, relying on the laws of probability.

The main weakness is that new ideas are often received differently to established responses in a constantly changing market place. In other words, such tests give reasoned best guess report.

That is why the usual basis for selecting business ideas id by the investor 'cherry picking' ideas from presentation of business plans.

In many cases the investor does not finish reading the executive summary, inevitably this amounts to a very high percentage being discarded – sometimes over 98%, leaving 2% who might be invited for interview.

These 'left-overs' represent the hopes and dreams of individuals who might well have re-mortgaged their house, invested their life savings and perhaps years of their life formulating and developing their final presentation.

There is more to this – many are discarded not because the idea was not viable but because it was sent to the wrong investor! Quite correctly, investors mainly select those ideas which appeal to their interests and business background and expertise.

Many ideas are badly presented. The investor cannot understand what the business is or does!

Soil/Seed stage ideas carries the highest risk, and are therefore rarely funded.

The net result is there are millions of business plans archived and possibly thousands of sound ideas within the 'left-overs'.

The sad thing is no-one knows or will ever know. Not the investor, not the originator, nor the many who were perhaps partners in some way to the business plan. Is there a part solution? There is only one test result which gives clear, unequivocal evidence that an idea is viable and investors a basis for confidence that risk is acceptable.

A list of prospective customers who have proven it by action.

TestRat produces these data lists.

testrat.com is a free service giving you a second opinion on discarded business plans.

Your administrative time is almost nil once set up. Usually amounting to 90 seconds per 50 business plans considered.

At no time do we require clients private details.

The protocol is as Follows

1. Due diligence of TestRat background
   Bankers Ref =
   Accountants Ref =
2. From a given date you request all originators of business plans to include two executive summaries with the entrepreneurs acceptance of a second opinion and a possible fee for a database paid to investor.
3. Investor places one numbered copy of executive summary in TestRat File, those rejected.
4. We collect copies monthly.
5. The testing may take weeks, even months depending on the type of product or service.
6. Test results available to investor, copy of tracker statistics. A list of clients interested in X idea each having requested a free report or bought a product online.
7. We may suggest market position for the idea, and possible alliances to add value.
8. The investor or entrepreneur is under no obligation to buy the database, which could be:
   1. Sold to entrepreneur
   2. Rented to a list agent
   3. Sold to idea related business

TestRat reserves the right to use the database declined by investor. We cannot sell to entrepreneur because we have no contact information.

Benefit to Investor

1. A reduced risk of missing 'the big one'.
2. More opportunities to fund seed stage ideas with much reduced risk.
3. Another income stream.

Further information by email
Or request hotline telephone to CEO, Voroo

Some ideas under test

See, our ideas, request rat.