Are you afraid of what it will cost you to acquire a patent? Should you be Patent Filing Services, you might be. Large corporations may be able to spend thousands of dollars without flinching, but when the amount of money comes from just one income it’s another story.
So, just how much would it cost an individual or a small business to acquire a patent? Let’s get started with the fees from the US Patent Office. To submit a simple patent application the fee is $500. If the patent is granted, there is a $700 issue fee along with a $300 publication fee. There may also be surcharges when the patent application is finished 100 pages or has a lot more than 20 claims. There exists typically some communication involving the patent office and the inventor (or the inventor’s attorney) during the review process of the applying, and if the inventor’s responses are late, there might be much more surcharges.
Now that we’ve established that this Patent Office’s fees alone can be quite expensive, let’s discuss attorney fees. It could not really unreasonable to possess a patent attorney charge from $150 to $400 one hour for his or her services. Some companies may pay $12,000 to $14,000 in attorney fees to obtain a patent application towards the patent office. However, there are some attorneys who charge lower fees – $2,000 to $4,000 total – for their work making this process far more affordable.
At this point you could wonder when it is all worth the cost. Consider this query: Will owning Inventhelp Invention Service on this idea generate more revenue than what it is going to cost to obtain the patent? Otherwise, it may be cheaper so that you can just walk out of the whole thing. But for those who believe having the patent is definitely an investment and are worthwhile in the end, there are certain things that you can do to minimize your costs.
Unless you are patent savvy, you will still desire a professional to prepare the patent application. A possible method to minimize costs is to use a patent agent as opposed to a patent attorney. Patent agents are non-attorneys who are capable of prepare patent applications and typically have lower rates. Regardless of whether you select an attorney or an agent to prepare your application, their costs will likely be worthwhile.
It is essential to keep in mind that not all patents are produced equally. The worth of Inventhelp Tv Commercials is dependent upon the manner in which it is actually written, particularly in the “claims” section of the patent. All too often, individuals file patents without the help of a patent attorney or agent and end up with a patent with unnecessary limitations. Competitors have no trouble ixcxxf around such weak patents, as well as the individual may lose millions of dollars worth of revenue.
Because you hire a lawyer doesn’t imply that you don’t have control over the expense. Ready inventors who communicate quickly and effectively with their attorneys could have the greatest savings. Usually do not approach a lawyer until you have done everything else that can be done. Before you make any major investment you need to do your homework. Websites like uspto.gov, inventorbasics.com, and others can be quite a good place to start. Prepare figures, write a comprehensive description of the invention, and do a patent search (uspto.gov). Should you take up a visit with an attorney, and he/she begins asking you questions you don’t have answers for, rescheduling another visit might be necessary.