A new business starts up, helped by a small business advisor. Two mums start Bumpus, producing portable cushions for attaching to supermarket trolleys to protect babies' heads when sitting in the hard metal seats. Includes detail on types of business organisation; the role of a business advisor; market research and protection of idea/product/name.
Students could note down the financing options available to the businesswomen, and think of any more not mentioned in the clip. They could make a table charting the advantages and disadvantages of each. They could consider, if they were to start a business, what would their idea be and which of the financing options would they choose?