- Project status
- Project start date
- As soon as possible
- Project posted
- 19 Mar 2018 17:12
- Project duration (approx.)
- 1.0 Week
- Budget (approx.)
- $800 (fixed cost)
- Level of Experience
- Consultant location
- English (Essential)
Objectives and Key Deliverables
We have a provisional patent for a mechanical system designed for the home industry. We have a key investor interested in our product and thus require a research into the market and the creation of a business plan to present to the investor in order to secure funding, develop the produce, and licence it.
The research would involve:
Identifying key information about the product, place, promotion, price.
1) Finding out what kind of companies are likely to want to license this kind of idea.
2) At what technical level should the project/idea be developed before companies would be willing to license it.
3) Market research to see the need for an idea like this at this time.
4) Ideal price point for product
5) Business plan to present to investor.