Business Idea of the Day

The Boston Globe:

Earl Cogswell noticed a curious phenomenon three years ago when he started working at his father-in-law’s business, Dick’s Power Equipment in Hanover. He would refill propane tanks for customers, then load the tanks in their vehicles - and it wasn’t easy.

“People were using all different configurations to keep them from tipping over,” he said. “Women would come after grocery shopping and pack the groceries around it. It would fall over and crunch the groceries.”

Cogswell asked his suppliers for something to secure the tanks, but couldn’t find anything. Thus was born the idea for the Tank Nanny, a skid-free plastic holder that provides a snug fit for the standard 20-pound propane tank. It costs $18.95 and has a built-in seat belt loop.

The potential market is huge. Millions of Americans use refillable propane tanks, mainly for outdoor grills. The tanks last for years but often rust, which can stain a back seat - another reason to have a holder.

Photo by Tank Nanny.

From Business Opportunities Weblog.

Source: Propane Tanks Spur Invention

Presented here with permission by the very gracious Dane Carlson from the Business Opportunities Weblog.