Licensing

How Successful Inventors Like You Can Sell Your Ideas For A Good Return

Innovolo - How Successful Inventors Sell Their Ideas - Product Development - Inventions
Dave is a full-time secondary school teacher. Every day he notices that the administrators at his school log dozens of student absences. He often discovers that the absences that he marks down and rings up to the office are not even tracked.

In the break room he hears the secretaries and other teachers complaining about the inefficient way that the school tracks student attendance. He’s shocked to find out that the attendance of the entire school gets manually entered into a document in a word processor! Dave is struck with a big idea after talking to the secretaries about the … Read More »

You Have 5 Main Options For Funding Your New Product Development

When arriving at a brand new idea for a product, everything can get quite exciting. From envisioning market success to projecting profits, it can be hard to picture anything but triumph. Yet, one of the most important things to consider when thinking about product development is funding it. Developing new products does have real risk, so it’s essential that you have some capital behind you. Being an area that many new inventors struggle with, below we have given a breakdown of the many different finance options available. Once you’ve got started there’s some other juicy news for you too, because… Read More »