Resources and Funding
Conclusion

Financing is a large factor in whether a product can be manufactured by an inventor. The best product ideas will never see the market without the proper financial backing; as the saying goes, "Money talks." Inventors hoping to make it to the next step in their journey to market should understand their companies financial needs, have a business plan, and know where to go for funding. Angel investors are a new inventors best bet for cash, as they invest small amounts of money into risky investments. Now that the inventor has received a patent, tested the market, received funding, and started manufacturing, it is time to prepare for market.

Paper outline

• Protecting inventions
  • Patent search
  • Provisional patent
  • Formal patent
  • Patent lawyers
• Manufacturing the product
  • Manufacturing choices
  • Manufacturing prototypes
  • Shipping & importing
• Getting resources and financing
  • Needed funding & business plan
  • Where to get funding
  • Tips
  • Conclusion
• Testing the market
  • Potential customers
  • How much will they pay?
  • Survey potential customers
  • Barriers to entry
  • Know the competition
  • Conclusion
• Preparing products for market
  • Legal & financial protection
  • Packaging
  • Manuals & Documentation
  • Warranties
  • Full package creation
  • The Web site
  • Money, invoicing & taxes
  • Shipping & distribution
  • Conclusion
• Closing thoughts
• Download the entire paper

Check out the Silent Timer Web site to see the product Erik took to market. Contact him with any questions.