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Tuesday, October 4, 2022

Disadvantages of InventHelp

InventHelp is one of the leading inventor service companies. While it is a good resource for many inventors, it does have some disadvantages. First, it doesn’t evaluate your invention for free. Instead, it’s likely to charge you for its core services. You need to decide which services are important to you and what you’re willing to pay for.

InventHelp is a leading inventor service company

InventHelp helps inventors get exposure and protect their intellectual property. The company helps inventors market their ideas and find full-scale manufacturing partners. The company is headquartered in Pittsburgh, Pennsylvania. It helps inventors develop a working prototype of their inventions, which helps them increase their visibility in the marketplace.

InventHelp provides excellent resources for inventors, which are helpful as a reference and guidance. Its services are varied, and they can boost your career.

It offers core services

InventHelp offers several core services, including patenting. This service is a vital part of the invention process, and InventHelp will guide you through the process step-by-step. Without patenting, your idea for an invention could become a significant financial liability. The company also helps entrepreneurs connect with full-scale manufacturers to get their inventions into production.

InventHelp offers patent application assistance, patent referral services, and open access to an extensive database of potential investors and partners. These connections are private and conducted under a non-disclosure agreement (NDA), so they won’t hinder your search for a deal.

It charges fees

InventHelp charges fees to help its customers market their inventions. Some of these fees are outrageous and many customers aren’t aware they’re paying for false information. The company also charges its sister company a percentage of every product sold, a practice that has been accused of taking advantage of low-income individuals.

InventHelp’s rates vary and aren’t published on the company website. However, they typically range from $8,900 to $16,900 for a two-year contract. These rates depend on the number of services used and the marketing plan. In exchange, InventHelp retains a percentage of profits after the product is released. In addition to its fees, InventHelp charges clients for evaluating an idea.

It doesn’t evaluate your invention

If you’ve already filed a patent, InventHelp has the resources to help you market your inventing an idea. In addition to helping you sell your invention, InventHelp can help you find a manufacturing partner, which will allow you to put your invention into production. However, you must do your research and understand the legalities before you hire a company to manufacture your invention.

While InventHelp doesn’t provide legal advice, they do offer professional assistance to help you with the entire patenting process. Their professional staff has years of experience in this field and will package your idea so that you can pitch it to the right companies. They will also prepare your patent application and can refer you to an independent patent attorney, if needed.

It doesn’t give you an opinion

InventHelp is a service for people with How to start an invention idea?. They help aspiring inventors package their ideas, submit them to companies, and refer them to patent attorneys. They also keep your ideas confidential. However, you should consider using the service only if you are sure that your idea is worth pursuing further.

The company is notorious for charging an exorbitant fee for their services. It can cost up to $12,000 for a full consultation. InventHelp claims that its process will help you get your product to market faster.

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