If you choose to sell the patent, there's the potential for a quick buy out. Selling the patent outright provides immediate income to pay for the costs of getting the patent, as well as funding new ideas. By selling the patent, the cost of starting a business or manufacturing the inventi...
Not every invention is patentable—or even worth patenting. But understanding patent basics and what the USPTO is looking for can help you get approved. Read on to learn about how a patent works, the different types of patents, the protections provided, and if they're right for your idea....
Buy now, pay later solutions NFT There are also various payment gateways (aka payment processors or providers) to choose from. Payment gateways are what ensure a safe, successful transfer of funds. Some gateways may be better than others, depending on your location and business type. Whichever ...
Bringing Home a New Cat: One-Time Costs Photo Credit: Alexas_Fotos, Pixabay Once you’ve made the decision to buy or adopt a cat, you’ll have to be ready to invest some funds in several one-time costs. As a rough guide, these can include the adoption fees from a shelter or the...
Or would it make more sense for you to save for a larger down payment and avoid PMI, even if that means waiting longer to buy a home? Knowing the financial impact of each choice can help you make your decision with confidence.
Two years working with attorneys, two years working on filing and creating a patent for your product, for your idea. Can you share a little bit about how much budget someone should set aside if they are to go ahead and hire a patent attorney to do this research, to discover if there ...
A break-even analysis will help you figure out how much of each product you need to sell to recoup your initial costs and begin making a profit. When selecting products to sell, you’ll want to consider factors like: Product life: Know your expected product life cycle. This will help...
3. How do you patent an idea for a product and make money? If you want to quit your job and become an inventor, you have to look beyondhow to get a patent. Your patents have to cover products that people want to buy. To get a patent issued, an inventor needs only to demonstrate...
All LLCs in California must pay a fee called the $800 Annual Franchise Tax. The state requires LLCs to file this fee every year –regardless of total revenue or activity. How much is the Annual Franchise Tax cost in California? Your Annual Franchise Tax is $800 per year. You’ll be ...
These are companies that start with a unique idea that can be built to a large scale—think Silicon Valley. The hopes are to innovate with a unique product or service and continue growing the company, continuously scaling up over time. These types of companies often require investors and large...