Invention Review Questions
1How do we start the Invention Review Process?
We start the process by signing our NDA document followed you sending a brief and possibly a sketch of your idea. Once we have a full understanding of the idea we will supply you with an invoice to start the Invention Review Process - Start the process here.
2 Why should I do an Invention Review?
We would suggest most Inventors undertake the Invention Review as its the perfect tool to ensure you are ready to start the development process or even purchase a Patent. There is a small number of inventors who succeed and this is largely due to the fact that they understand all the costs involved and how to budget their money. Our Invention Review provides a complete breakdown of your idea and how to tackle the process.
3If we do the Invention Review with Invention Steps can we develop elsewhere?
Of course, our Invention Review is written in a way ensuring you understand all the costs and process, these costs and processes are industry standard prices and a guideline for you to use knowing you don't overspend.
4How long will the Invention Review take?
The Invention Review process is a complex procedure that is written by industry experts who make up the team at Invention Steps. Each review will work its way through our Design and Engineering and Electronics Department to ensure all information is correct and accurate. This process typically takes 7-10 days but in busy periods can take 14 days.
5Will Invention Steps offer suggestions for our Invention to improve on the idea?
Definitely, the aim of the Invention Review is to ensure you develop a product at the right price but also to develop a product to the highest standard using the best materials and most common manufacturing procedures. Our number one priority is to ensure you develop a "commercially friendly product", something that gives the wow factor and makes people want to buy it.
6Will you tell us what manufacturing processes we need to use?
Not only do we give you a breakdown of all the steps involved in the process we tell you how they are going to manufacture the items and what materials are the best to use. We keep all reviews as informative as we possibly can so people without any manufacturing experience can understand the process.
7Should I patent my idea before Invention Review?
It is not necessary, in fact, one of the frequently asked questions is at what stage should I patent my idea. We cover all the questions regarding patents, when to get then, how to go through the process, who to use and much more. We explain the differences between other patent options ensure you don't spend money on a patent if you don't have to.
8Why do no other Invention Development companies offer a Invention Review like this?
At Invention Steps, we pride ourselves on helping Inventors. If an Inventor chooses not to do a review and jump straight into the Patent and Product Development they more often than not come across a hurdle and in most cases that hurdle that forces them to stop the process, sometimes temporary but more often than not permanently. Most companies choose not to offer a Review as it may point out too many cost hurdles and ultimately lose your business or put you off. Since we were established to help not exploit inventors we developed the Invention Review.
9Will you tell us if the idea is a good idea?
We go one better. After you read the review you will understand all the development and manufacturing costs ensuring you understand what profit you should be forecasting and how quick you should be getting a return on your investment based on our suggested RRP.
Invention Development Questions
1How much will the design cost?
All designs are quoted based on the time it takes for us to complete the design process for your particular idea. For us to provide you with a quote we need to understand the complexity of your idea before we can quote.
2What information do we need to supply to obtain a free quote?
Generally we only require a brief of the idea and a very rough sketch, or photo of a prototype if you have one. We are mechanical engineers, Industrial designers and electronic designers all under one roof.
3How is our idea protected when we share our idea with Invention Steps?
Invention Steps signs a Privacy Agreement called an NDA with all our clients. This protects your idea and allows us to freely discuss and offer help, advice and support you with developing the product.
4Does Invention Steps take ownership in our product?
NO, Invention Steps takes no ownership or shares of your product. We purely act as a service provider to create the designs for you.
5Can we manufacture the design you supply us?
YES. We design products ready to be manufactured. We offer manufacturing as one of our primary services and for this reason we have to ensure that all designs are created using common manufacturing techniques. All our designs are also created to reduce manufacturing related quality defects giving you a great looking commercial product.
6Do you work with electronics?
Yes, we do all electronic development inhouse and do not use third party companies like a lot of companies, this reduces your development costs and speeds up the process.
7How do we know we will be happy with the designs Invention Steps supplies us?
All of our costs are broken down into stages. These stages coincide with the stages presented within the proposal allowing you to tick boxes as we progress through the stage knowing you are completely satisfied with the direction we are headed. We remain working on the design until you are completely happy with the final outcome. Our first stage is generally an Industrial Design Stage which allows us to create concepts of your idea to further improve the user interaction with the product, aesthetics or allow for cheaper manufacture processes. From these concepts you choose the best one to proceed into the 3D CAD Design stage.
1How do we start the Licensing Portfolio Process?
2Will Invention Steps help get us a licensing deal?
Whilst we currently do not actively go out and try and find a licensing deal for you we focus our attention more on the product development and manufacturing of your idea. We do assist a large number of our clients with marketing and commercialisation advice so please feel free to schedule a consultation with our team to discuss further.
3What is the difference between a Licensing Portfolio and fully developing the product?
We take your idea and develop it to a point where we can supply you with a pack of information and sell sheets so you can approach potential companies to obtain a licensing agreement. We do design the outer part of the product for visual illustrations. The reason why the Licensing Portfolio is cheaper than to completely develop your product is due to the fact that we do not necessarily need to design the product ready for manufacture or develop and test complex electronics (if relevant).
4How long does the process take?
Depending on the size and complexity of the project we could be looking at anywhere from 2 weeks to 6 months (larger projects).
5What happens if we get a licensing deal and now need to head into manufacturing?
Since the designs were created for the Licensing Portfolio and not completely developed with manufacturing in mind you will need to go back to the 3D CAD design stage and develop all the parts ready for the manufacturing process.
6How does Invention Steps benefit from us doing a Licensing Portfolio?
As a service provider, the only way we benefit is by offering you a service to create the Licensing Portfolio and Sell Sheets.
Business Services Questions
1Why would we choose Invention Steps over another company?
At Invention Steps, we do not consult external designers or electronic engineers. All our staff work under one roof ensuring we can work efficiently, meaning cheaper development costs, and more importantly reduce the risk of showing your idea to several different companies to get the same product developed.
2Do you offer support for us if we manufactured the item ourselves?
Once we have developed your product you have the opportunity to use your manufacturer or we can assist you with manufacturing using our factories in China? If you choose your factories we will support you to the point where the design has been handed over and approved.