SCENARIO ONE:

Claude Greengrass has created a vertical greenhouse for growing herbs that attaches against a wall, that he calls the HerbHouse. He has been selling them as a sole trader and business has been excellent as they are popular with apartment dwellers. Claude has obtained a patent to protect the intellectual property of the HerbHouse and he has had enquiries from around Australia from prospective customers. Clause estimates that he could equip a small manufacturing facility for $500 000, in order to satisfy demand for the HerbHouse. Unfortunately, banks are all unwilling to lend money as Claude has served time in prison for growing marijuana in the past.

Required: Advise Claude as to the steps he should take in order to expand his business.