You might also consider partnering with an established company to lease your invention to them. You’ll get your invention into the market and will earn a percentage of the product sales. According to UpCounsel, most licensing agreements earn between 3% and 6% of the gross sales. The benefit of licensing your invention is that you’ll begin earning passive income and won’t have to worry about the costs involved in bringing a product to market. However, you won’t have any control over how your invention is marketed, and if the product is a huge hit, you’ll only earn a fraction of the proceeds.
One of the most important things to note here is that Invent Help is spectacular at what they do. If you go into your experience knowing exactly what you need and how to use Invent Help to your advantage, you will definitely reap the benefits in the end. At the end of the day, this is the most important thing they can offer. That said, in order to truly take advantage of these offerings, you should already have a firm grasp on your invention and your needs. You should also be fairly comfortable in knowing what it is you will ask from Invent Help so that you can make sure they are as attentive as you need them to be (and in the right areas).
Quite some time ago we started like many inventor support do. Ideas turned into models that turned into viable products. We went to manufacture and made as many mistakes as might be possible. We followed hunches, lost money, went through poor facilities, and finally decided to get it right. We are different. We don’t want a percentage of your sales, we do not want your intellectual property, and we do not make promises for your success. We choose instead to help design, develop, and prototype your idea. From there, we can reach out to world-class factories for manufacturing quotes. We quote your project assembled, packaged, inspected, and shipped to your door. Customs, quality control, everything.
The entire process can seem daunting. Where do I start? What’s next? How will this process play out? We simplify everything. We have a proven process in place to help you, no matter how far along in the process you are. Work smart, work hard, but always work toward your end goal, which is ultimate ‘the market’.