A license allows another party to use your invention during a certain period. The inventor would receive royalties, which would be either a one-time payment or periodic payments, in exchange for the license. You will need to convince potential licensees that the invention is sufficiently developed to be marketable and that it would facilitate the operations of their business or otherwise generate profits for them. Inventors often struggle with this process. Only a very small percentage (perhaps 10 to 15 per cent) are successful in licensing an invention.

Is the company you're considering trustworthy enough to handle the details of my invention? That's a big concern for new inventors. Your desire to keep your idea private and out of the wrong hands is understandable; therefore, you should choose a service provider who has earned your trust and who can demonstrate their dedication to keeping your information safe. You can rest easy knowing that all information regarding your invention will be handled with the utmost confidentiality with InventHelp. Everyone on the InventHelp team and at the companies that consider new inventors' ideas is legally obligated to keep your idea's details a secret, thanks to confidentiality agreements. Without the continual fear of security breaches and disclosure of sensitive information, you can proceed with certainty and peace of mind.

A question that many new inventors ask to make sure they make the right choice is whether or not InventHelp is a well-known company. Of course, all new inventors want to work with a company that has a good name and a lot of experience in the inventions business. This is something that can give you a lot of peace of mind and reassurance. InventHelp is a company that has been around for almost 40 years and has a strong presence all over the country. You can also use the company's track record to your advantage. It has helped many new inventors with ideas in many different fields. Another way to learn more about the provider's reputation before making a choice is to read reviews and articles written about the business.