Business Plan: Inventor Protection Platform

Overview:

Our platform aims to assist inventors in protecting their product designs before presenting them to companies for sale. We provide guidance on the patenting process, offer resources for legal protection, and connect inventors with experts in intellectual property law.

Target Market:

Our target market includes individual inventors, small businesses, and startups looking to commercialize their product ideas. We aim to provide affordable solutions for individuals and businesses seeking to safeguard their intellectual property rights.

Value Proposition:

Expert guidance on patenting processes.
Access to resources for legal protection.
Connection to a network of intellectual property experts.
Affordable and customizable solutions for inventors of all sizes.

Revenue Streams:

Membership fees for access to premium content and services.
Consultation fees for personalized guidance on patenting and legal protection.
Commission fees from successful product sales to companies.

Marketing Strategy:

Content marketing through blog posts, social media, and webinars
Partnership with inventors' organizations and industry experts
Targeted advertising on platforms frequented by inventors and entrepreneurs

Financial Projections:

Membership fees: $20/month per member (projected 1000 members in the first year)
Consultation fees: $100/hour (projected 50 consultations per month)
Commission fees: 10% of successful product sales (projected 10 sales per month)

Estimated Monthly Revenue:

Membership fees: $20 x 1000 = $20,000
Consultation fees: $100 x 50 = $5,000
Commission fees: 10% of $50,000 = $5,000

Estimated MRR: $30,000

Startup Idea: A platform that helps inventors protect their product designs before presenting them to companies for sale, providing guidance on patenting processes and offering resources for legal protection.