Tip 4 – Cost-to-Price Ratio & Your Invention Blog By Edward Ayres “It’s very inexpensive to make!” With a majority of companies adhering to the manufacturing principle of cheaper is better that’s a great starting point. However, it’s only half the equation. Another very important question is, how much will consumers pay for your product?
Tip 3 – Should you proceed with your invention? Blog By Inventor Process Team Should I proceed with my idea? That is the million dollar question for most inventors. Unfortunately, there’s no magic formula, there’s no “X squared plus Y” equals success and of course there’s no crystal ball. However, there are several criteria to keep in
Tip 2 – You have the Idea! Now What? By: Edward Ayres You’ve got an idea, but what should be your first step? The quick answer is, write it down. However, what information should you include? What’s important? Do you need to take a class in legalese to get started? Keep reading and I’ll answer
Tip #1 – Keep it Simple Blog by: Edward Ayres – President of IP, Inc. Simplicity is the key to invention success! We’re all familiar with the KISS principle, and for independent inventors it pertains to the design of their product, to the field of the invention, and even its market potential. When it comes