We understand that a great idea deserves a reward; in many cases, a product license deal with a company that will sell your product and give you royalties. Getting to this point however requires work.

How you start your invention and follow through eventually determines your success in getting your new product licensed, if your choice is to relax and have some company pay you royalties. Alternatively, you could be the entrepreneur and build a company out of your innovative idea.
Whether your desire is to license or go into business, one thing is common; you are going to have to prove the success or marketability of your innovation.

What you should do in order to secure a license

Every company who is going to carry your product, sell and pay you royalties will want to know that there is money to be made with the new product. So you should be ready to prove that your product could be marketed successfully and profitably in the market place. In all cases, you will have to make a presentation to the desired company.

Your Presentation must include the following:

• A nicely prepared PowerPoint presentation
• Marketability analysis with numbers that show potential profits and a fair risk analysis
• Some results of sales that you generated in your personal retail efforts
• Customer feedback and testimonials
• Your invention drawings and write up
• Market ready prototype
• A well written and completed patent
• Estimate of the value of the patent
• Required Royalty Fees

What we can do for you

If you use our resources and process, the above materials and requirements will be ready for you by the time you are ready to license your product. The rest is a matter of connecting you with potential companies.

Ideajuncture^TM will license and sell your product if it meets our requirements or we will help you license the product for a fraction of the royalties.

Start your invention journey right

Every so often, we come across an inventor who has acquired a patent but has nothing else to support the marketability of that invention.  Simply having a patent and looking for a licensee will not work. Start you invention journey right and you will give yourself the chance for success.