For innovators around the world, commercializing an idea involves overcoming numerous hurdles. Acquiring a patent is one way of protecting intellectual property rights and ensuring that no other party can take credit for your hard work. InventHelp, a leading inventor service company, has long been trusted to help inventors secure patents, but their range of services extends well beyond patent assistance.
Whether it’s refinement of your initial idea, development of a marketable prototype, or you need help with marketing your invention idea, InventHelp provides comprehensive support for inventors on their entrepreneurial journey.
Overview of InventHelp
InventHelp is renowned for helping inventors turn their invention ideas into reality. The company serves inventors across the globe, offering a range of services with an empathetic understanding of the unique challenges inventors face. While they’re well-known for patent assistance, InventHelp’s support system covers much more.
InventHelp Services: Beyond Patenting
To transform a conceptual idea into a tangible product, inventors often need a prototype. InventHelp equips inventors with prototype-building services, helping them create a physical representation of their ideas. This process aids in identifying potential design flaws, enhances pitch presentations and facilitates a smoother path to production.
Submission of Inventions to Industry:
In many cases, connecting with the right industry professionals can be as challenging as inventing itself. InventHelp offers assistance by submitting our clients’ invention ideas to companies that have agreed to review new ideas. Their vast network across several industries can help inventors reach potential partners and contributors they might not have access to independently.
InventHelp also assists with the licensing process. Once a patent has been acquired, licensing becomes a viable route for inventors who wish to generate revenue without setting up a manufacturing unit of their own. InventHelp’s licensing experts help inventors navigate this often complex terrain, guiding them through the process of negotiating licensing agreements with interested companies.
How do inventors get paid? When licensing an invention, inventors are often paid a percentage of the profits generated by the product. This is known as a royalty. It is common for royalties to range from 5% to 10% of net sales, though some agreements offer more generous terms (Up to 40%).
Navigating the journey from inventive idea to commercialization can be overwhelming. But with a comprehensive suite of services, InventHelp ensures that inventors aren’t navigating this journey alone. From patenting assistance and prototype development to marketing, licensing, and providing invaluable networking opportunities, InventHelp extends its support well beyond merely securing patent rights.
It’s the go-to resource for inventors looking to protect their ideas, explore commercialization opportunities, and ultimately see their innovations come to life. So, for inventors wondering whether InventHelp only assists with the patent process, the answer is a resounding no—InventHelp is much more.