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What You Need To Know - Selling Your Patent

If You want to sell your patent , then there are several points that could assist in the process. A patent owner is encouraged to visit various trade shows, where they can meet interested companies or individuals who may be interested in making a purchase. Read More:- https://www.transactionsip.com/transactions-services/patent-sales/

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What You Need To Know - Selling Your Patent

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  1. Selling Your Patent Selling Your Patent: What You Need To Know Presented By:- www.transactionsip.com

  2. Patent sales • A patent is important because it is the document that grants ownership of an invention to the holder. • In order to patent from a patented invention, the owner must either sell the patent, market the product personally or license the usage of the patent to other companies or individuals for a fee. • Patent sales help the owner of the patent generate income to cover expenses, and helps the said owner avoid the financial and other headaches associated with building a business around the patent. • However, he has to relinquish all ownership and ties to the invention after selling it. Presented By:- www.transactionsip.com

  3. Patents For Sale • A patent can also be licensed, which means other companies can be granted licenses to use the patent, but the sole ownership is retained by the patent owner. • This is advantageous to the owner since he still owns the intellectual property, but is still raking in revenue without having to do the work himself. • The problem with licensing is that the product could still fail in the market space, and this means that royalties will not be earned. • It is therefore not a guarantee that by licensing out a patent, the inventor will reap maximum revenue. Presented By:- www.transactionsip.com

  4. How to Sell My Patent • If a patent wishes to know how to sell their patent, then there are several pointers that could assist in the process. • A patent owner is encouraged to visit various trade shows, where they can meet interested companies or individuals who may be interested in making a purchase. or they can advertise their patent in trade publications. • Patent owners can also seek venture capital by soliciting firms that have this capability. • They can also access patent websites where other patent owners have advertised their respective websites. • Lastly, they can seek the services of patent brokerage firms who put their patents for sale, and broker the process between the seller and buyer. Presented By:- www.transactionsip.com

  5. Contact Us • Company/Organization name - TransactionsIP LLC • Phone - 561-504-8762 • Street - 799 Dover Street • City - Boca Raton • Zip or Postal Code - 33487 • State - Florida • Country – USA • Website:- https://www.transactionsip.com

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