YouNoodle checks your business idea

Here is a new tool from YouNoodle you can access for free.

Starting a business featuring your own product or service? In February 2008 The New York Times featured this ambitious start-up business. The company's advanced algorithmic software program is designed to help potential investors determine whether or not a new business is worth investing in. Click the link below to read the complete article.

New York Times looks at YouNoodle

Membership is free. Choose to describe your own business goals or not. For those of you without your own product, you might decide that someone else’s business would be a far better investment than using a hundreds of dollars of your own money starting your own internet business.

The beta version of this business analysis tool is due out in the coming months and subscribers will be able to use it. Why not use this tool to analyze your own business idea and figure out the real likelihood of its success?

YouNoodle.com is developing its program with major backing from PayPal. It is also building a network of early-stage companies, according to the Times, and is providing tools that start up business owners can use for business plan competitions, businesses school classes and other emerging entrepreneurial ventures. Their tools are currently free, but in taking part you are providing data about your new business that YouNoodle.com uses to refine its predictor algorithm.

YouNoodle lads describe their site and goals.