I Have My Patent, Now What?
WOW, you actually got your patent. After such a long wait and possibly thousands of dollars you got it! So what in the world do you do next? At this point most people think that they have gotten past the hardest part. -The hardest part being getting the patent and spending the money to do so. Of course trying to write the patent in a way to get it through was no small task either.
At this point I hope you may have your a prototype or two of your product. Depending on the intensity of what you have, say a simple new style of pencil or a more extensive product like a car that runs on banana peels for fuel, you now need to source out your manufacturer. Keep in mind that setting up production for anything, whether it’s that new pencil or your car, takes a considerable amount of money depending on who you find to do it all.
At first you may try and find a lower cost local company to do this. Wait, I should say, if at all possible if you can make your product yourself than great! With the economy the way it is, businesses are more desperate for work. Hunt these people down; you could save tons of money!
So in summary, make sure you have a working prototype, CAD drawings if possible, and more than likely a deep pocketbook to handle the costs. Do your research…