Month: April 2023

Innovation and creativity are at the heart of every successful invention, but bringing that invention to market is a whole different ball game. After investing countless hours and resources into developing your product, it’s time to start thinking about how to sell it to retailers. But where do you even begin? The process of selling […]

As a society, we often celebrate inventors for their groundbreaking creations that have revolutionized the way we live and work. From the light bulb to the iPhone, inventions have the power to change the course of history. However, behind every successful invention lies a considerable investment of time, money, and resources. So, the question arises: […]

If you have a brilliant idea that you want to bring to the market, but don’t have the resources to patent it, don’t worry. You can still license your idea to someone else who has the means to bring it to life. Licensing an idea without a patent is a tricky process, but it can […]

As a content creator or an artist, one of the most significant decisions you have to make is determining your royalty percentage. It is the amount of money you will receive for every sale made of your work. The royalty percentage is a crucial factor to consider, as it can make or break your career’s […]

As an inventor, you have a million-dollar idea that could change the world. But before you can bring it to market, you need to build a prototype to showcase your invention’s functionality and design. A prototype is a crucial step in the product development process, as it allows you to test your concept and make […]

As an inventor, you have spent countless hours creating and perfecting your product. You believe that it has the potential to revolutionize the market and change the way people do things. But what’s the next step? How do you sell your invention to retailers and get it on the shelves? Selling your invention to retailers […]

As an author, musician, or any other creative professional, the concept of royalties is likely familiar to you. Royalties are the payments that you receive for the use of your intellectual property, such as books, songs, or artwork. But what is a fair royalty percentage? This question is essential for any creator looking to negotiate […]

As a business owner, one of the most important things to consider when developing a new product is the cost of manufacturing. This can be a complex process that requires careful consideration of various factors, including the cost of raw materials, labor, equipment, and other overhead expenses. Understanding these costs is critical to determining the […]

As a business owner, one of the most important aspects of achieving success is knowing how to sell your product. While there are many different strategies and techniques that can be used, there are seven primary ways to sell your product that have been proven to be effective time and time again. From traditional methods […]

In today’s fast-paced and innovative world, patents have become an essential tool for protecting intellectual property. A patent gives the inventor the exclusive right to produce, sell, and license their invention for a specified period. However, what happens when the invention is still in the application stage? Can you license a patent application? The answer […]