Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Invention Services and other Invention topics.
Whether skimming through the pages of magazines or searching online for invention services, you'll find lots of companies ready to promise inventors success in obtaining a patent or licensing their ideas.
Proceed with caution. While there are many excellent legitimate companies out there, there are also a growing number of companies and consultants whose main interest is in emptying your wallet. Taking advantage of the fact that many inventors are insecure about the legal ins and outs of obtaining a patent, they charge high fees for less than ethical practices. Here are some rules to follow:
- Check with the USPTO Web site for published complaints
- Don't pay large up front fees. Legitimate companies earn their money as commissions on successful sales.
- Check references carefully.