Manufacturing is one of our most popular questions we receive from our inventors here at Idea Design Studio. Every inventor should understand the basics of the manufacturing process even if the final result isn’t manufacturing; as an inventor, you will want to look at all your options before choosing which one is the right fit for your idea, and we can help you along the way.
Researching your future options about production, marketing, and selling means that the path that your invention takes may be very different than the one you had originally intended, but here at Idea Design Studio we want to take every stride towards the success of our inventors.
At Idea Design Studio, we want all of our inventors to be familiarized with what decisions are best for their inventors. The biggest decision regarding the future of your invention can be decided when it comes down to manufacturing, or whether you want to license your invention for sale through another company, and there are many ways to do it.
Licensing means that the licensee assumes all of the business possibilities related to your invention, while manufacturing offers the inventor the chance to sell their invention themselves. Should you choose to license as an inventor, you will then receive royalties for the sales of your invention. It can bring many upfront costs, which can also mean finding a partner.
Idea Design Studio has successfully helped many new inventors set up their manufacturing and licensing agreements for their inventions. To discuss potential options for the future manufacturing or licensing needs of your idea or invention, give us a call at Idea Design Studio Today.