Licensing & Invention Sales
Making money; that’s why most people pursue their invention goals. And the two easiest ways to make money from an invention idea are through licensing and invention sales. The Alliance team helps with both.
Licensing an idea is where the inventor keeps ownership of the idea but allows someone to use it. Usually, that someone is a manufacturer. The goal of the inventor is to allow the manufacturer to do all the things necessary to bring that idea to the shelves.
When Alliance procures a license agreement for one of its inventors, we offer royalty management services as well. Royalty management is where an Alliance auditor will review the terms of the licensing agreement and periodically audit the books of the licensing partner. We want to make sure that our inventors are getting paid every dollar they are entitled to!
Other inventors just want to sell their invention outright and not collect a check every quarter. Alliance will help with that also. Alliance has a network of accredited investors and business owners that lean on us to be their innovation department. Also, when they are interested in an idea, they may make an offer to buy it outright.
