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May 24, 2015

What can you Patent

What Can You Patent? What Can’t Be Patented? One of the most important parts of the invention process is ensuring that your idea or invention is unique and cannot be copied. Protecting your idea or invention is often done through a patent. To be able to patent something, an idea must be new or novel, involve an inventive step and be non-obvious. What exactly does non-obvious mean? Non-obvious means that your idea must not be blatant or a “given” to someone within the same industry based on their experience or knowledge. In other words, it has to be a truly […]
May 24, 2015

Why patent an idea?

The most obvious answer to this question is, of course, to protect your idea. Based on the nature of your idea, there may be people ready and willing to patent your idea if you have not already done so. The application for a patent gives the owner of the idea the best opportunity to profit from the idea while, simultaneously, preventing others from copying it for their own benefit. However, although a patent prevents others from copying your idea, you do not have to have patent an idea to be able to exploit it. It has often been said that […]
May 15, 2015

Inventors need a Sketchbook

Do you have random sheets of paper with scribbles, notes and designs that scatter your office? Do you find yourself using restaurant napkins to capture random lightbulb moments after dinner with a friend? Save yourself time and heartache. Invest in a sketchbook so that you can keep a record of your ideas and designs in one place. Your designs do not have to be paper clipped or stapled together in a random assortment of paper. They do not have to fill file folders or napkins, sticky notes or the backs of business cards. In fact, if this is the case, […]
April 3, 2015

Do marketing companies actually work for inventors?

Seeking the assistance of a marketing company does have its benefits during the invention process. Marketing companies have the skills and abilities to bring in sales opportunities but, of course, this comes at a price. These companies do not work for free and often require payment up front before they will begin the process to market your product. In some cases, marketing companies will also ask for a percentage share of the sales made in what is known as commission. Conduct Research Before you hire any marketing firm to promote your product or service, you should always conduct adequate research […]
March 25, 2015

Business Plan for Inventors

As an inventor, we hope that your goal is to manufacture and sell your invention, transforming your idea into a reality. As ideas become products that fill needs in the market, the greatest accomplishment for any inventor is in seeing success firsthand from a product he or she developed. Besides, it is pretty incredible to see your product on the store shelf. When you make the decision to manufacture and sell your invention you are, essentially, making the choice to start your own business. And, with any good business, you need a plan in place to outline your priorities, finances, […]
March 25, 2015

Why do I need a Prototype?

In much of my posts, I have often mentioned the need of a prototype throughout the invention process. However, why exactly is a prototype needed and what are its benefits? Having a rapid prototype of your idea or invention designed and produced is the best way to test it for form, fit and function. A prototype allows you the opportunity to hold the product in your hands in addition to potentially using it for marketing purposes. Having your idea produced into a tangible product is a pivotal step in the invention process. A prototype embodies that transition and allows you […]
March 25, 2015

Should You Start Up A Business?

So, you have an incredible idea. In fact, you think it is the best idea and could make you not only successful but famous as well. Does this mean that you should start a business today? No. Not yet. People start businesses for one reason and that is to be able to sell a product and pay taxes on that product. At this point in the process, all you have is an idea. Without a tangible product, you do not have a viable product to sell. In fact, beyond the idea in your head or a potential sketch on paper, […]
March 25, 2015

How Do I Find Great Ideas?

Great ideas do not come when you force them. They do not come when you want them to and, sometimes, they do not when come when you absolutely need them. Great ideas may come when you are out shopping for groceries, while you are sitting in a conference call at work, or even on a walk through the park. Everyone gets a great idea from time to time. How many people have you chatted with who have said, “Wouldn’t it be great if someone found a solution to this problem?” Haven’t you ever thought, “Oh! That would be a great […]
March 25, 2015

Product Design Process

Product Designing is the process in which a new product is created and is likely to be sold by a business to its customers. This process also applies to inventors as it is the most efficient and effective way to transform an idea into an actual product that meets a need or fills a gap in the consumer market. A Product Designer combines their artistic skills with science and technology to create a 3D product with the use of engineering or graphic design software. What is the Design Process? 1. Design Brief: The design brief is the most important part […]
March 25, 2015

Inventors and Accountancy

Everyone has to do it; yes, even you. Keeping your accounting books up to date is vital to ensure your success and legitimacy in the world of business both now and for your future. Accounting, which is also commonly known as bookkeeping, is a necessary business practice that establishes your credibility while ensuring the maintenance of your budget by closely monitoring expenditures and profits. Generally, if you have any shareholders, partners or investors, they can legally request to view the business’s accounting books at any time with little notice. Providing this information quickly and transparently is the greatest acknowledgement that […]